Income from Property. 1. Income derived by a resident of a Contracting State from the sale, exchange, lease or any other form of use of the immovable property situated in the other Contracting State, shall be liable to taxation only in that other State. 2. Income derived by a resident of a Contracting State from the sale, exchange, lease or any other form of use of movable property, excluding motor vehicles, situated in the other Contracting State, shall be liable to taxation only in the first-mentioned State.
Appears in 6 contracts
Samples: Convention for the Avoidance of Double Taxation, Convention for the Avoidance of Double Taxation, Double Tax Treaty
