Common use of AIR TRANSPORT Clause in Contracts

AIR TRANSPORT. 1. Income and profits derived by an air transport enterprise of a Contracting State from the exercise of air transport in international traffic shall be exempted from tax in the other Contracting State.

Appears in 3 contracts

Samples: Agreement, Limited Double Taxation Avoidance Agreement, phl.hasil.gov.my

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AIR TRANSPORT. 1. Income and profits derived from the operation of aircraft in international traffic by an air transport enterprise of a Contracting State from the exercise of air transport in international traffic shall be exempted exempt from tax in the other Contracting State, unless the aircraft is operated solely between places within the other Contracting State.

Appears in 3 contracts

Samples: Agreement, Agreement, Agreement

AIR TRANSPORT. 1. Income and profits derived by an air transport enterprise of a Contracting State from the exercise of air transport in international traffic shall be exempted exempt from tax in the other Contracting State.

Appears in 1 contract

Samples: download1.fbr.gov.pk

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AIR TRANSPORT. 1. Income and profits derived by an the air transport enterprise of a Contracting State from the exercise of air transport in international traffic shall be exempted from tax taxes in the other Contracting State.

Appears in 1 contract

Samples: Double Taxation Avoidance Agreement

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