{"data":{"id":"us/26-cfr-521.107","jurisdiction":"us","citation":"26 CFR 521.107","heading":"Income from operation of ships or aircraft.","body":"The income derived from the operation of ships or aircraft registered in Denmark by a nonresident alien who is a resident of Denmark, or by a Danish corporation, and carrying on an enterprise in Denmark, is, for taxable years beginning on or after January 1, 1948, exempt from United States income tax under the provisions of Article V of the convention.","path":["Title 26—Internal Revenue","CHAPTER I—INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY","SUBCHAPTER G—REGULATIONS UNDER TAX CONVENTIONS","PART 521—DENMARK","Subpart—General Income Tax"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-26.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:25:11Z","sha256":"388a75759c7bf17ac31e48801fc3e6cbd5b58eaa196b4809beb2413707322e17","source_id":"us-cfr","stale":true,"prev":"us/26-cfr-521.106","next":"us/26-cfr-521.108"},"notice":"GroundRules: Original legal text. Not legal advice."}