Taxation of pensions: non-government pensions and annuities taxable only in recipient's state, social-security pensions taxable in source state. Non-government pensions and annuities derived by a resident from sources in the other Contracting State are taxable only in the resident's State, except that pensions and payments under a public social security scheme of a Contracting State (or its subdivisions or local authorities) are taxable only in the State maintaining that scheme. 'Pension' denotes periodic payments for past services or compensation for injuries; 'annuity' denotes periodic payments payable for life or a specified period in return for adequate 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.
Taxation of pensions: non-government pensions and annuities taxable only in recipient's state, social-security pensions taxable in source state.
Non-government pensions and annuities derived by a resident from sources in the other Contracting State are taxable only in the resident's State, except that pensions and payments under a public social security scheme of a Contracting State (or its subdivisions or local authorities) are taxable only in the State maintaining that scheme. "Pension" denotes periodic payments for past services or compensation for injuries; "annuity" denotes periodic payments payable for life or a specified period in return for adequate consideration.
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