Common use of Income from Real Property Clause in Contracts

Income from Real Property. 1. Income from real property, including royalties and other payments in respect of the exploitation of natural resources and gains derived from the sale, exchange, or other disposition of such property or of the right giving rise to such royalties or other payments, may be taxed by the Contracting State in which such real property or natural resources are situated. For purposes of this Convention, interest or indebtedness secured by real property or secured by a right giving rise to royalties or other payments in respect of the exploitation of natural resources shall not be regarded as income from real property.

Appears in 2 contracts

Samples: www.swissbanking.ch, www.irs.gov

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Income from Real Property. (1. ) Income from real property, including royalties and other payments in respect of the exploitation operation of natural resources and gains derived from the sale, exchange, mines or other disposition of such property quarries or of the right giving rise to such royalties or other paymentsexploitation of any natural resource, may be taxed by in the Contracting State in which such the real property property, mines, quarries or natural resources are situated. For purposes of this Convention, interest or indebtedness secured by real property or secured by a right giving rise to royalties or other payments in respect of the exploitation of natural resources shall not be regarded as income from real property.

Appears in 2 contracts

Samples: www.legislation.gov.au, www.legislation.gov.au

Income from Real Property. (1. ) Income from real property, including royalties and other payments in respect of the exploitation of natural resources and gains derived from the sale, exchange, or other disposition alienation of such property or of the right giving rise to such royalties or other payments, may be taxed by the Contracting State in which such real property or natural resources are situated. For purposes of this Convention, interest or on indebtedness secured by real property or secured by a right giving rise to royalties or other payments in respect of the exploitation of natural resources shall not be regarded as income from real property.

Appears in 2 contracts

Samples: Double Taxation Avoidance Agreement, Taxation Avoidance Agreement

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Income from Real Property. 1. Income from real property, including royalties and other payments in respect of the exploitation of natural resources and gains derived from the sale, exchange, or other disposition of such property or of the right giving rise to such royalties or other payments, may be taxed by the Contracting State in which such real property or natural resources are situated. For purposes of this Convention, interest or on indebtedness secured by real property or secured by a right giving rise to royalties or other payments in respect of the exploitation of natural resources shall not be regarded as income from real property.

Appears in 1 contract

Samples: www.multi-count.com

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