background image
CHAPTER I - Scope of the Arrangement
CHAPTER II - Definitions
CHAPTER III - Taxation of Income
CHAPTER IV - Avoidance of Double Taxation
CHAPTER V - Special Provisions
CHAPTER VI - Final Provisions
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 15

Directors' Fees

(1) Directors' fees and other remuneration derived by a resident of a country in his capacity as a member of the board of directors of a company which is a resident of the other country may be taxed in that other country.

(2) For the purposes of this Article, the term "member of the board of directors" includes both persons who are charged with the general management of the company and persons who are charged with the supervision thereof.