- 10.1
- Income and profits from the operation of aircraft in international traffic by a designated airline of one of the Contracting Parties shall be exempt in the territory of the other Contracting Party of taxes on income and profits of every form, irrespective of the manner in which they are levied. These provisions shall also apply to income and profits from the participation in a pool, a joint business or an international operating agency.
- 10.2
- Aircraft operated in international traffic by a designated airline of one of the Contracting Parties and movable property pertraining to the operation of such aircraft, shall be exempt in the territory of the other Contracting Party of taxes on capital of every form, irrespective of the manner in which they are levied.
