Art. 17 Verdrag inzake luchtdiensten tussen het Koninkrijk der Nederlanden, ten behoeve van Curaçao, en de Republiek Malta, Taxation

Verdrag inzake luchtdiensten tussen het Koninkrijk der Nederlanden, ten behoeve van Curaçao, en de Republiek Malta

1. Profits from the operation of the aircraft of a designated airline of a Contracting Party in international traffic shall be taxable, in accordance with its national laws and regulations, only in the territory of the Contracting Party in which the place of effective management of the enterprise is situated.

2. The provisions of paragraph 1 of this Article shall also apply to profits from the participation in a pool, a joint business or an international operating agency.

3. Capital represented by aircraft operated in international traffic by a designated airline of a Contracting Party, and by movable property pertaining to the operation of such aircraft, shall be taxable, in accordance with its national laws and regulations, only in the territory of the Contracting Party in which the place of effective management of the enterprise is situated.

4. Where a special agreement for the avoidance of double taxation with respect to taxes on income and on capital exists between the Contracting Parties, the provisions of the latter shall prevail.