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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 16

Compensation for Supervisory Boards and Boards of Directors

Compensation for supervisory boards or boards of directors and similar payments that are paid to a person resident in one contracting in his/her capacity as a member of a supervisory board or board of directors of a company that is domiciled in the other Contracting State can be taxed in the other State.