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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 19

Pensions

(1) Any pension other than those referred to in Article 18 of this Convention or any annual pension gained by a resident in a Contracting state from sources in the other Contracting state may be taxable only in the first mentioned Contracting state.

(2) The term "pension" shall mean regular payments given for previous services or compensations against work accidents happened during the performance of these services.

(3) The term "regular payments" shall mean a defined amount which shall be paid regularly in a specific time.