Common use of TAXATION OF INCOME Clause in Contracts

TAXATION OF INCOME. Income from immovable property - 1. Income from immovable property may be taxed in the Contracting State in which such property is situated.

Appears in 4 contracts

Samples: Agreement for Avoidance of Double Taxation, Agreement for Avoidance of Double Taxation and Prevention of Fiscal Evasion, Agreement for Avoidance of Double Taxation and Prevention of Fiscal Evasion With Mauritius

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TAXATION OF INCOME. Income from immovable property - 1. Income derived by a resident of one of the States from immovable property (including income from agriculture or forestry) situated in the other State may be taxed in the Contracting State in which such property is situatedthat other State.

Appears in 1 contract

Samples: Convention for the Avoidance of Double Taxation

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