Directors' fees: state of company may tax remuneration paid to a nonresident director for board services. Directors' fees and comparable payments received by a resident of one Contracting State for acting as a member of the board of directors of a company resident in the other Contracting State are subject to taxation by that other State, thereby allocating taxing jurisdiction over remuneration for directorship to the State where the company is resident.
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Directors' fees: state of company may tax remuneration paid to a nonresident director for board services.
Directors' fees and comparable payments received by a resident of one Contracting State for acting as a member of the board of directors of a company resident in the other Contracting State are subject to taxation by that other State, thereby allocating taxing jurisdiction over remuneration for directorship to the State where the company is resident.
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