Shipping and Air Transport

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..... ion of ships or aircraft in international traffic shall be taxable only in that State. (2) Profits derived by an enterprise referred to in paragraph 1 which is a resident of a Contracting State from .....

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..... of ships or aircraft in international traffic shall be regarded as profits derived from the operation of such ships or aircraft, and the provisions of Article 11 shall not apply in relation to such in .....

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