Common use of SHIPPING AND AIR TRANSPORT Clause in Contracts

SHIPPING AND AIR TRANSPORT. 1. Notwithstanding the provisions of Article 7, profits from the operation of ships or aircraft in international traffic shall be taxable only in the Contracting State in which the place of effective management of the enterprise is situated.

SHIPPING AND AIR TRANSPORT. 1. Notwithstanding the provisions of Article 7, profits of an enterprise of one of the Contracting States from the operation of ships or aircraft in international traffic shall be taxable only in the Contracting State in which the place of effective management of the enterprise is situatedthat State.

SHIPPING AND AIR TRANSPORT. (1. ) Notwithstanding the provisions of Article 7, profits derived by a resident of a Contracting State from the operation of ships or aircraft in international traffic shall be taxable only in the Contracting State in which the place of effective management of the enterprise is situatedthat State.

SHIPPING AND AIR TRANSPORT. 1. Notwithstanding the provisions of Article 7, profits from the operation of ships or aircraft in international traffic carried on by an enterprise of a Contracting State shall be taxable only in the that Contracting State in which the place of effective management of the enterprise is situatedState.

SHIPPING AND AIR TRANSPORT. 1. Notwithstanding the provisions provision of paragraph 1 of Article 7, profits derived by an enterprise of a Contracting State from the operation of ships or aircraft in international traffic in the other Contracting State shall be taxable only in the first-mentioned Contracting State in which the place of effective management of the enterprise is situatedState.

SHIPPING AND AIR TRANSPORT. 1. Notwithstanding the provisions Article 7 Profits of Article 7, profits an enterprise from the operation of ships or aircraft in international traffic shall be taxable only in the Contracting State in which the place of effective management of the enterprise is situated.

SHIPPING AND AIR TRANSPORT. 1. Notwithstanding the provisions of Article Articles 5 and 7, profits from the operation of ships or aircraft in international traffic shall be taxable only in the Contracting State in which the place of effective management of the enterprise is situated.

SHIPPING AND AIR TRANSPORT. 1. Notwithstanding the provisions of Article 7, profits from the operation of ships or aircraft in international traffic shall be taxable only in the Contracting State in which the place of effective management of the enterprise is situated.

SHIPPING AND AIR TRANSPORT. 1. Notwithstanding the provisions of Article article 7, paragraphs 1 to 6, profits from the operation of ships or aircraft in international traffic shall may be taxable only taxed in the Contracting State in which the place of effective management of the enterprise is situated.

SHIPPING AND AIR TRANSPORT. 1. Notwithstanding the provisions of Article 7, profits ARTICLE 8.—(1) Profits from the operation of ships or aircraft in international traffic shall be taxable only in the Contracting State in which the place of effective management of the enterprise is situated.

SHIPPING AND AIR TRANSPORT. 1. Notwithstanding the provisions of Article 7, profits derived by an enterprise of a Contracting State from the operation of ships or aircraft in international traffic including charter shall be taxable only in the Contracting State in which the place of effective management of the enterprise is situatedthat State.

SHIPPING AND AIR TRANSPORT. 1. Notwithstanding the provisions of Article 7, profits Profits of an enterprise of a Contracting State from the operation of ships or aircraft in international traffic shall be taxable only in the that Contracting State in which the place of effective management of the enterprise is situatedState.

SHIPPING AND AIR TRANSPORT. 1. Notwithstanding the provisions of Article 7, profits of an enterprise from the operation or rental of ships or aircraft in international traffic and the rental of containers and related equipment which is incidental to the operation of ships or aircraft in international traffic shall be taxable only in the Contracting State in which the place of effective management of the enterprise is situated.