(1) Gains from the alienation of immovable property referred to in Article 6 of this Convention may be taxed in the State where the immovable property is located.
(2) Gains from the alienation of shares or similar of a company whose assets consist mainly of immovable property may be taxed in the Contracting State where the assets or main property of the company is located.
(3) Gains from the alienation of movable property forming fraction of the business property of a permanent establishment which an enterprise of a Contracting State has in the other Contracting State or of movable property pertaining to a fixed base available to a resident of a Contracting State in the other Contracting State for the purpose of performing independent personal services, including such gains from the alienation of such a permanent establishment (alone or with the whole enterprise) or of such fixed base, may be taxed in that other State.
(4) Gains from the alienation of assets belonging to an enterprise and which consist in ships or aircraft operated by such enterprise in international traffic or movable property pertaining to the operation of such ships or aircraft shall be taxable only in the Contracting State in which the place of effective management of the enterprise is situated.
(5) Gains from the alienation of any property other than that referred to in paragraphs (1), (2), (3) and (4) of this Article shall be taxable only in the Contracting State of which the alienator is a resident.