1. Profits from the operation of ships or aircraft in international traffic shall be taxable only in the Contracting State in which the place of effective management of the enterprise is situated.
1 - Os lucros provenientes da exploração de navios ou aeronaves no tráfego internacional só podem ser tributados no Estado Contratante em que estiver situada a direcção efectiva da empresa.
2. Profits from the operation of boats engaged in inland waterways transport shall be taxable only in the Contracting State in which the place of effective management of the enterprise is situated.
2 - Os lucros provenientes da exploração de barcos utilizados na navegação interior só podem ser tributados no Estado Contratante em que estiver situada a direcção efectiva da empresa.
3. If the place of effective management of a shipping enterprise or of an inland waterways transport enterprise is aboard a ship or boat, then it shall be deemed to be situated in the Contracting State in which the home harbour of the ship or boat is situated, or, if there is no such home harbour, in the Contracting State of which the operator of the ship or boat is a resident.
3 - Se a direcção efectiva de uma empresa de navegação marítima ou interior se situar a bordo de um navio ou de um barco, a direcção efectiva considera-se situada no Estado Contratante em que se encontra o porto onde esse navio ou barco estiverem registados, ou, na falta de porto de registo, no Estado Contratante de que é residente a pessoa que explora o navio ou barco.
4. The provisions of paragraph 1 shall also apply to profits from the participation in a pool, a joint business or an international operating agency.
4 - O disposto no n.º 1 é aplicável igualmente aos lucros provenientes da participação num pool, numa exploração em comum ou num organismo internacional de exploração.
OECD Model Article 8 (pre-2017), including inland waterways transport.
We apply tax treaties to dividends, interest, royalties, salaries and gains, prepare the relief-at-source form and refund claims, and check structures against the treaty’s anti-abuse rules. A written answer and a fixed quote within one working day.
Unofficial English translation prepared by BCA Portugal for reference. The Convention was done in Portuguese and Spanish and only those texts are authentic. The Portuguese text is reproduced from the official publication. Editorial notes are ours and are not part of the Convention.