Income from Immovable Property
(1) Income derived by a resident of a Contracting State from immovable property (including income from agriculture or forestry) situated in the other Contracting State may be taxed in that other State.
(2) The term "immovable property" shall have the meaning which it has under the law of the Contracting State in which the property in question is situated. Ships, boats, aircraft, or road and railway vehicles shall not be regarded as immovable property.
(3) The provisions of paragraph (1) shall apply to income derived from the direct use, letting or use in any other form of immovable property including income related to the transfer or obtaining of rights for managing immovable property.
(4) The provisions of paragraphs (1) and (3) of this Article shall apply to the income from immovable property of an enterprise and to income from immovable property used for the performance of independent personal services.