AUSTRALIAN TAX TREATIES

United States Convention  

CONVENTION BETWEEN THE GOVERNMENT OF AUSTRALIA AND THE GOVERNMENT OF THE UNITED STATES OF AMERICA FOR THE AVOIDANCE OF DOUBLE TAXATION AND THE PREVENTION OF FISCAL EVASION WITH RESPECT TO TAXES ON INCOME  

ARTICLE 6   Income from Real Property  

(1)  
Income from real property may be taxed by the Contracting State in which such real property is situated.

(2)  
For the purposes of this Convention:


(i) a leasehold interest in land, whether or not improved, shall be regarded as real property situated where the land to which the interest relates is situated; and


(ii) rights to exploit or to explore for natural resources shall be regarded as real property situated where the natural resources are situated or sought.




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