# The Double Taxation Relief (Air Transport Profits) (Iran) Order 1960, Note: Explanatory note


The arrangements with Iran which are scheduled to this Order provide that air transport profits derived from one country by a resident of the other country are (subject to certain conditions) to be exempt from tax in the former country.
The arrangements apply to profits earned on or after 1st January, 1957.

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Source: https://www.legislation.gov.uk/uksi/1960/2419/note (the official version)
Page: https://openlegislation.uk/double-taxation-relief-air-transport-profits-iran-order-1960/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.