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 that it has under the laws of the Contracting State in which the property in question is situated. The term shall in any case include property accessory to immovable property, livestock and equipment used in agriculture and forestry, rights to which the provisions of private law in respect of landed property apply, usufruct of immovable property and rights to variable or fixed payments as consideration for the working of, or the right to work, mineral deposits and sources from other natural resources including petrol, gas and quarries. Ships, aircraft and motor vehicles shall not be regarded as immovable property.
(3) The provisions of paragraph (1) of this Article shall apply to income derived from the direct use, letting, leasing or use in any other form of immovable property.
(4) The provisions of paragraphs (1) and (3) of this Article shall also apply to income derived from immovable property of an enterprise and the immovable property used for rendering independent personal services.