Pensions and annuities taxable only in source state when arising there and paid to a resident of the other state. Pensions and other similar remuneration for past employment and any annuity arising in one Contracting State and paid to a resident of the other Contracting State are taxable only in the State where they arise, subject to paragraph 2 of Article 20. 'Annuity' means a stated sum payable periodically at stated times during life or a specified period, payable 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.
Pensions and annuities taxable only in source state when arising there and paid to a resident of the other state.
Pensions and other similar remuneration for past employment and any annuity arising in one Contracting State and paid to a resident of the other Contracting State are taxable only in the State where they arise, subject to paragraph 2 of Article 20. "Annuity" means a stated sum payable periodically at stated times during life or a specified period, payable in return for adequate and full consideration in money or money's worth.
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