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Austria - Egypt Tax Treaty (1962) — Orbitax Tax Hub
Note: This Treaty may be impacted by the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS (MLI). MLI impact on Tax Treaties is available with the Orbitax International Tax Research & Compliance Expert.


Income from Immovable Property

(1) Income from immovable property (including gains derived from the sale or exchange of such property) is taxable only in the Contracting State in which the property is situated; interest on debts secured by mortgage on real estate and royalties or other amounts paid in respect of the operation of a mine, an oilfield, a quarry or other extraction of natural resources shall be regarded as income derived from immovable property.

(2) Paragraph (1) shall not apply where a resident of one of the Contracting States has a permanent establishment in the other State and such income is attributable to that permanent establishment; in such event Article V shall be applicable.