Treasury Regulations · 26 CFR
§ 521.107. Income from operation of ships or aircraft.
Regulation text, no changes From the eCFR, current as of October 15, 2026. The eCFR is an authoritative but unofficial editorial compilation of the Code of Federal Regulations; the official text is the annual CFR on govinfo. Compare it with this section on ecfr.gov (external site) or the official annual CFR on govinfo (external site).
Cite as 26 CFR § 521.107
At a glance
Read from the text and its source citation. Not part of the regulation.
- Status
- In the current eCFR
- Length
- 60 words · about 1 min to read
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.
Where it sits in 26 CFR
- Subchapter G Regulations under tax conventions
- Part 521 Denmark
- Subpart ECFR7130a127303142f Subpart—General Income Tax
- Taxation of Nonresident Aliens Who Are Residents of Denmark and of Danish Corporations
Nearby sections
- § 521.103 Scope of the convention.
- § 521.104 Definitions.
- § 521.105 Scope of convention with respect to determination of “industrial or commercial profits”.
- § 521.106 Control of a domestic enterprise by a Danish enterprise.
- § 521.107 Income from operation of ships or aircraft.
- § 521.108 Exemption from, or reduction in rate of, United States tax in the case of dividends, interest and royalties.
- § 521.109 Real property income, natural resource royalties.
- § 521.110 Government wages, salaries, pensions and similar remuneration.
- § 521.111 Pensions and life annuities.