Taxation of aircraft lease costs in the practice of tax agreements

Abstract

This article deals with the qualification of the financial leasing costs paid by air transport companies which hire aircrafts from financial leasing companies residing in various countries to use in their air transport activities. In this respect, the incomes in question are assessed in terms of the income types regulated in tax agreements. In addition, in the article, rights violations due to different qualifications of aircraft lease costs by different legal authorities are evaluated.