Artikel 22 Overeenkomst tussen de Regering van het Koninkrijk der Nederlanden en de Regering van de Republiek Singapore tot het vermijden van dubbele belasting en het voorkomen van het ontgaan van belasting met betrekking tot belastingen naar het inkomen en naar het vermogen

Article 22 Capital 1 Capital represented by immovable property, as defined in paragraph 2 of Article 6, may be taxed in the State in which such property is situated. 2 Capital represented by movable property forming part of the business property of a permanent establishment of an enterprise may be taxed in the State in which the permanent establishment is situated. 3 Ships and aircraft operated in international traffic, and movable property pertaining to the operation of such ships and aircraft shall be taxable only in the State of which the person carrying on the enterprise is a resident. 4 All other elements of capital of a resident of one of the States shall be taxable only in that State.