INCOME FROM IMMOVABLE PROPERTY
(1) Income from immovable property (including accessories, and livestock and equipment of agricultural and forestry enterprises) shall be taxable only in the Contracting State in which the property is situated.
(2) Immovable property shall be defined according to the law of the Contracting State in which the property is situated.
(3) For the purposes of this Article, rights which are subject to the provisions of civil law concerning landed property, rights of usufruct in immovable property and rights to variable or fixed compensation for the working of mineral deposits, wells and other natural resources shall be deemed to constitute immovable property-ships shall not be deemed to constitute immovable property.
*(4) The provisions of paragraphs (1) to (3) shall also apply to income derived from the direct use, lease or use in any other form of immovable property, including income from agriculture and forestry.
(5) The provisions of paragraphs (1) to (4) shall also apply to income from the immovable property of enterprises other than agricultural and forestry enterprises and to income from immovable property used in the exercise of a profession.