Note: This Treaty may be impacted by the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS (MLI). MLI impact on Tax Treaties is available with the Orbitax International Tax Research & Compliance Expert.
ARTICLE 17
Pensions
(1) Pensions and other similar remuneration, including government service pensions and payments made under social security legislation, arising in a Contracting State and paid to a resident of the other Contracting State shall be taxable only in that other State.
(2) The provisions of paragraph (1) shall apply regardless of whether the payments mentioned there are paid in consideration of past employment and regardless of whether they are paid periodically or as a lump-sum payment.