ARTICLE 3

General Definitions

1. For the purposes of this Convention:

a) the term "person" includes an individual, an estate, a trust, a company and any other body of persons;

b) the term "company" means any body corporate or any entity which is treated as a body corporate for tax purposes;

c) the terms "enterprise of a Contracting State" and "enterprise of the other Contracting State" mean respectively an enterprise carried on by a resident of a Contracting State and an enterprise carried on by a resident of the other Contracting State;

d) the term “international traffic” means any transport by a ship or aircraft, except where such transport is solely between places in the other Contracting State;

e) the term “competent” authority means:

(i) in the United States: the Secretary of the Treasury or his delegate; and (ii) in Austria: the Federal Minister of Finance or his delegate; 6) (i) the term "United States" means the United States of America, but does not include Puerto Rico, the Virgin Islands, Guam or any other United States possession or territory; (ii) when used in a geographical sense, the term "United States" means the states thereof and the District of Columbia. Such term also includes

(A) the territorial sea thereof and (B) the sea bed and subsoil of the submarine areas adjacent to that territorial sea, over which the United States exercises sovereign rights in accordance with international law for the purpose of exploration for and exploitation of the natural resources of such areas, but only to the extent that the person, property, or activity to which this Convention is being applied is connected with such exploration or exploitation; g) the term "Austria" means the Republic of Austria; h) the term "nationals" means:

(i) all individuals possessing the nationality of a Contracting State; and (ii) all legal persons, partnerships and associations deriving their status as such from the laws in force in a Contracting State.

2. As regards the application of this Convention by a Contracting State any term not defined therein shall, unless the context otherwise requires and subject to the provisions of Article 24 (Mutual Agreement Procedure), have the meaning which it has under the laws of that State concerning the taxes to which this Convention applies.