- 1
- Profits of an enterprise of a Contracting State from the operation of ships or aircraft in international traffic shall be taxable only in that State.
- 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.
- 3
- The provisions of this Article shall also apply to taxes levied on the basis of the gross receipts in respect of the carriage of passengers and cargo in international traffic.
