DT6505 - DT: Egypt: double taxation agreement, Article 6: Income from immovable property
- Income from immovable property may be taxed in the Contracting
State in which such property is situated.
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- The term `immovable property` shall, subject to the provisions
of sub-paragraph (b) of this paragraph, be defined in accordance
with the law of the Contracting State in which the property in
question is situated.
- The term `immovable property` shall in any case include
property accessory to immovable property, livestock and equipment
used in agriculture and forestry, rights to which the provisions of
general law respecting landed property apply, usufruct of immovable
property and rights to variable or fixed payments as consideration
for the working of, or the right to work, mineral deposits, sources
and other natural resources; ships, boats and aircraft shall not be
regarded as immovable property.
- The provisions of paragraph (1) of this Article shall apply to
income derived from the direct use, letting, or use in any other
form of immovable property.
- The provisions of paragraphs (1) and (3) of this Article shall
also apply to the income from immovable property of an enterprise
and to income from immovable property used for the performance of
professional services.
