Non-governmental pensions and annuities: taxable only in the recipient's state of residence, with defined pension and annuity meanings. Non-governmental pensions and annuities derived by a resident of one Contracting State from sources in the other Contracting State may be taxed only in ... Summary
Non-governmental pensions and annuities: taxable only in the recipient's state of residence, with defined pension and annuity meanings.
Non-governmental pensions and annuities derived by a resident of one Contracting State from sources in the other Contracting State may be taxed only in the resident state. "Pension" means a periodic payment for past services or compensation for injuries in the course of services. "Annuity" means a stated sum payable periodically during life or a specified period, payable in return for adequate and full consideration in money or money's worth.
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