- 1
- Profits from the operation of ships or aircraft in international traffic shall be taxable only in the Contracting State in which the enterprise is situated. Those profits shall include profits derived by the enterprise from the use, maintenance or rental of containers used for the transport of goods or merchandise in international traffic where such use, maintenance or rental as the case may be, are incidental to the operation of ships or aircraft in international traffic.
- 2
- The provisions of paragraph 1 shall also apply to profits from the participation in a pool, a joint business or an international operating agency.