Common use of CAPITAL GAINS Clause in Contracts

CAPITAL GAINS. 1. Gains derived from the sale or alienation of movable and immovable property including shares in companies may be taxed in each of the Contracting States in accordance with the law in the respective States.

CAPITAL GAINS. 1. Gains 0.Xxxxxxx gains derived from the sale or alienation of movable and immovable property including shares in companies may be taxed in each of the Contracting States in accordance with the law in the respective States.

CAPITAL GAINS. 1. Gains derived by a resident of a Contracting State from the sale or alienation of movable and immovable property including referred to in Article 6 (Income from immovable property) and situated in the other Contracting State or shares in companies a company the assets of which consist mainly of such property or an interest in a partnership or trust, the value of which is derived principally from immovable property situated in the other Contracting State, may be taxed in each of the Contracting States in accordance with the law in the respective Statesthat other State.

CAPITAL GAINS. 1. Gains Capital gains derived from the sale or alienation of movable and immovable property including shares in companies may be taxed in each of the Contracting States in accordance with the law in the respective States.