Income from Immovable Property
(1) Income derived by a resident of a Member State from immovable property situated in another Member State may be taxed in that other Member State.
(2) The term "immovable property" shall have the meaning which it has under the law of the Member State in which the property is situated. The term shall in any case include property accessory to immovable property, livestock and equipment used in agricultural and forestry operations, rights to which the provisions of general law respecting 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, at sites of mineral or fossil deposits, sources and other natural resources of the soil.
Ships, boats, and aircraft shall not be regarded as immovable property.
(3) The provisions of paragraph (1) 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 from immovable property of an enterprise and to income from immovable property used for the performance of independent personal services.