Non-government pensions and annuities taxable only in recipient's state, while public social security payments taxed 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. ... Summary
Non-government pensions and annuities taxable only in recipient's state, while public social security payments taxed 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. "Pension" means periodic payments for past services or compensation for service-related injuries. "Annuity" means a stated sum payable periodically during life or a specified period in return for adequate and full consideration. Payments under a public social security scheme of a Contracting State or its subdivisions are taxable only in the State maintaining that scheme.
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