Common use of INTERNATIONAL TRAFFIC Clause in Contracts

INTERNATIONAL TRAFFIC. 1. Profits of an enterprise of a Contracting State from the operation of ships, aircraft or road vehicles in international traffic shall be taxable only in that State. 2. For the purposes of this Article, profits of an enterprise of a Contracting State from the operation of ships, aircraft or road vehicles in international traffic include: a) profits from the rental on a bareboat basis of ships, aircraft or road vehicles; and b) profits from the use, maintenance or rental of containers (including trailers and related equipment for the transport of containers) used for the transport of goods or merchandise; where such rental or such use, maintenance or rental, as the case may be, is incidental to the operation of ships, aircraft or road vehicles in international traffic. 3. The provisions of paragraph 1 shall also apply to profits from the participation in a pool, a joint business or an international operating agency.

INTERNATIONAL TRAFFIC. 1. Profits of derived by an enterprise of a Contracting State from the operation of ships, aircraft or road vehicles in international traffic shall be taxable only in that State. 2. For the purposes of this Article, profits of an enterprise of a Contracting State from the operation of ships, aircraft or road vehicles vehicle in international traffic includeinclude all of the following: a) profits Profits from the rental on a bareboat basis of ships, aircraft ships or road vehicles; andaircraft; b) profits Profits from the use, maintenance or rental of containers (containers, including trailers and related equipment for the transport of containers) , used for the transport of goods or merchandise; where such rental or such use, maintenance or rental, as the case may be, is incidental to the operation of ships, aircraft aircrafts or road vehicles in international traffic. 3. The provisions of paragraph 1 shall also apply to profits derived from the participation in a pool, a joint business or an international operating agency.

INTERNATIONAL TRAFFIC. 1. Profits of derived by an enterprise of a Contracting State from the operation of ships, aircraft or road vehicles in international traffic shall be taxable only in that State. 2. For the purposes of this ArticleArticle and notwithstanding the provisions of Article 12, profits of an enterprise of a Contracting State from the operation of ships, aircraft or road vehicles in international traffic include: a) profits from the rental on a bareboat bare boat basis of ships, aircraft or road vehicles; and vehicles and b) profits from the use, maintenance or rental of containers (including trailers and related equipment for the transport of containers) used for the transport of goods or merchandise; goods, where such rental or such use, maintenance or rental, as the case may be, is incidental to the operation of ships, aircraft or road vehicles in international traffic. 3. The provisions of paragraph 1 shall also apply to profits from the participation in a pool, a joint business or an international operating agency.