ARTICLE 18
Pensions, Annuities and Similar Remuneration
(1) Subject to the provisions of paragraph (2) of Article 19, pensions, annuities and other similar remuneration derived by a resident of a Contracting State from the other Contracting State shall be taxable only in the first-mentioned State.
(2) Notwithstanding the provisions of paragraph (1), amounts which an individual, being a resident of a Contracting State, receives in respect of the legal social insurance of the other Contracting State shall be taxable only in that other State.
(3) Notwithstanding the provisions of paragraph (1), periodic or single allowances paid by a Contracting State or a political subdivisions or local authorities to a resident of the other Contracting State as compensation for political persecution or as a result of injustices or damages suffered as a result of acts of war (including compensation), military or civilian service, crime, vaccination or similar event are not taxable in either of the Contracting States.
(4) The term "annuity" means any fixed sum payable periodically at fixed times, for life or for a specified period or which may be considered the same, by virtue of an undertaking to carry out payments in return for an adequate cash allowance or a possible monetary assessment.