Taxation of non-governmental pensions limited to the source state when pensions or annuities arise from that state's sources. Non-governmental pensions and annuities derived from sources within one Contracting State by a resident of the other Contracting State are taxable only in the State where those sources are situated. 'Pension' means periodic payments made for services rendered or compensation for injuries. 'Annuity' means a stated sum payable periodically during life or a specified period under an obligation to pay in return for adequate and full consideration in money or money's worth.
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 non-governmental pensions limited to the source state when pensions or annuities arise from that state's sources.
Non-governmental pensions and annuities derived from sources within one Contracting State by a resident of the other Contracting State are taxable only in the State where those sources are situated. "Pension" means periodic payments made for services rendered or compensation for injuries. "Annuity" means a stated sum payable periodically during life or a specified period under an obligation to pay in return for adequate and full consideration in money or money's worth.
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