Common use of SHIPPING AND AIR TRANSPORT Clause in Contracts

SHIPPING AND AIR TRANSPORT. 1. Profits which an enterprise of a Contracting State derives from the operation of ships or aircraft in international traffic shall be exempt from tax of the other Contracting State.

Appears in 7 contracts

Samples: Agreement, Agreement, Agreement

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SHIPPING AND AIR TRANSPORT. 1. Profits which Income derived by an enterprise of a Contracting State derives from the operation of ships or aircraft in international traffic shall be exempt from tax of in the other Contracting State unless the ships or aircraft are operated wholly between places within the other Contracting State.

Appears in 4 contracts

Samples: Agreement, Agreement, Taxation Avoidance Agreement

SHIPPING AND AIR TRANSPORT. 1. Profits which an An enterprise of a Contracting State derives shall be exempt from tax in the other Contracting State in respect of profits or gains from the operation of ships or aircraft in international traffic shall be exempt from tax of the other Contracting Statetraffic.

Appears in 3 contracts

Samples: Double Taxation Agreement, Agreement, aopsglobal-ng.com

SHIPPING AND AIR TRANSPORT. 1. Profits which derived by an enterprise of a Contracting State derives from the operation of ships or and aircraft in international traffic shall be exempt exempted from tax of in the other Contracting State.

Appears in 3 contracts

Samples: Double Taxation Avoidance Agreement, Double Taxation Avoidance Agreement, lampiran1.hasil.gov.my

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SHIPPING AND AIR TRANSPORT. (1. ) Profits which an enterprise of a Contracting State derives derived from the operation of ships or aircraft in international traffic by an enterprise of a Contracting State shall be exempt from tax of in the other Contracting State.

Appears in 1 contract

Samples: assets.publishing.service.gov.uk

SHIPPING AND AIR TRANSPORT. 1. Profits which an enterprise of a Contracting State derives derived from the operation of ships or aircraft in international traffic by an enterprise of a Contracting State shall be exempt from tax of in the other Contracting State.

Appears in 1 contract

Samples: assets.publishing.service.gov.uk

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