Taxation of directors' fees: payments to a resident for board service may be taxed in the company's territory. Directors' fees and other similar payments derived by a resident of one territory in the capacity of a member of the board of directors of a company resident of the other territory may be taxed in that other territory; the provision treats such board remuneration as source-based income taxable by the company's territory.
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Provisions expressly mentioned in the judgment/order text.
Taxation of directors' fees: payments to a resident for board service may be taxed in the company's territory.
Directors' fees and other similar payments derived by a resident of one territory in the capacity of a member of the board of directors of a company resident of the other territory may be taxed in that other territory; the provision treats such board remuneration as source-based income taxable by the company's territory.
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