Pensions and annuities: taxable only in the recipient's State of residence when derived from the other Contracting State. Pensions and annuities received by a resident of one Contracting State from sources within the other State are taxable only in the recipient's State of residence; 'pension' means periodic payments for past services or compensation for injuries, and 'annuity' means a stated periodic sum payable for life or a specified period arising from an obligation in return for adequate and full consideration.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Pensions and annuities: taxable only in the recipient's State of residence when derived from the other Contracting State.
Pensions and annuities received by a resident of one Contracting State from sources within the other State are taxable only in the recipient's State of residence; "pension" means periodic payments for past services or compensation for injuries, and "annuity" means a stated periodic sum payable for life or a specified period arising from an obligation in return for adequate and full consideration.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
