Direct Tax Avoidance Agreements

Swiss Confederation

¹[Article 8 : Shipping and air transport

  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.]

Notes:-

1. Deleted & Replaced vide Notification No. 62/2011, Dated 27-12-2011, before it was read as:-

“Article 8 : Air transport

1. Profits derived by an enterprise of a Contracting State from the operation of 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.”