Taxation of pensions and annuities restricted to the recipient's state of residence under the treaty provisions. Pensions and annuities sourced in one Contracting State but received by a resident of the other may be taxed only in the resident State. Pension means periodic payments for past services or compensation for service-related injuries. Annuity means a stated periodic payment for life or a specified period, payable under an obligation in return for adequate monetary 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 and annuities restricted to the recipient's state of residence under the treaty provisions.
Pensions and annuities sourced in one Contracting State but received by a resident of the other may be taxed only in the resident State. Pension means periodic payments for past services or compensation for service-related injuries. Annuity means a stated periodic payment for life or a specified period, payable under an obligation in return for adequate monetary consideration.
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