Common use of PENSIONS AND ANNUITIES Clause in Contracts

PENSIONS AND ANNUITIES. 1. Subject to the provisions of paragraph 2 of Article 21, pensions, and annuities and other similar remuneration paid to a resident of a Contracting State in consideration of past employment shall be taxable only in that State. 2. Notwithstanding the provisions of paragraph 1, pensions and other payments made under a public scheme which is part of the social security system of a Contracting State, political subdivisions, local authorities or local governments thereof shall be taxable only in that State.

Appears in 3 contracts

Samples: Double Taxation Avoidance Agreement, Agreement for the Avoidance of Double Taxation, Agreement for the Avoidance of Double Taxation

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PENSIONS AND ANNUITIES. 1. Subject to the provisions of paragraph 2 of Article 2119, pensions, and annuities pensions and other similar remuneration paid to a resident of a Contracting State in consideration of past employment and annuities shall be taxable only in that State. 2. Notwithstanding the provisions of paragraph 1, pensions and other payments made under a public scheme which to the extent, pension is part of exempt from tax in the social security system of a Contracting StateState where it arises, political subdivisions, local authorities or local governments thereof it shall be taxable only exempt from tax in that Statethe State of which the recipient is a resident. 3. as used in this Article:

Appears in 2 contracts

Samples: Agreement for the Avoidance of Double Taxation, Agreement for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion

PENSIONS AND ANNUITIES. 1. Subject to the provisions of paragraph 2 of Article 2119, pensions, and annuities pensions and other similar remuneration in consideration of past employment and annuities paid to a resident of a Contracting State in consideration of past employment shall be taxable only in that State. 2. Notwithstanding the provisions of paragraph 1, pensions paid and other similar payments made under a public scheme which is part of the social security system of a Contracting State, political subdivisions, local authorities or local governments thereof State shall be taxable only in that State.

Appears in 2 contracts

Samples: Agreement for the Avoidance of Double Taxation, Agreement for the Avoidance of Double Taxation

PENSIONS AND ANNUITIES. 1. Subject to the provisions of paragraph 2 of Article 2120, pensions, and annuities pensions and other similar remuneration and annuities paid to a resident of a Contracting State in consideration of past employment shall be taxable only in that State. 2. Notwithstanding the provisions of paragraph 1, pensions and annuities paid and other similar payments made by the government of a Contracting State, a political subdivision, a local authority or a statutory body thereof under a public scheme which that is part of the social security system of a Contracting State, political subdivisions, local authorities or local governments thereof that State shall be taxable only in that State.

Appears in 2 contracts

Samples: Double Taxation Avoidance Agreement, Agreement for the Avoidance of Double Taxation

PENSIONS AND ANNUITIES. 1. Subject to the provisions of paragraph 2 of Article 2119, pensions, and annuities and other similar remuneration paid to a resident of a Contracting State in consideration of past employment shall be taxable only in that State. 2. Notwithstanding the provisions of paragraph 1, pensions and annuities paid and other similar payments made by the Government of a Contracting State, a political subdivision or a local authority thereof under a public welfare scheme which is part of the social security system of a Contracting State, political subdivisions, local authorities or local governments thereof that State shall be taxable only in that State.

Appears in 2 contracts

Samples: Double Taxation Agreement, Agreement for the Avoidance of Double Taxation

PENSIONS AND ANNUITIES. 1. Subject to the provisions of paragraph 2 of Article 2119, pensions, and annuities pensions and other similar remuneration paid to a resident of a Contracting State in consideration of past employment and any annuity paid to such a resident shall be taxable only in that State. 2. Notwithstanding the provisions of paragraph 1, pensions and other similar payments made under a public scheme which is part of the social security system legislation of a Contracting State, political subdivisions, local authorities or local governments thereof State shall be taxable only in that State.

Appears in 2 contracts

Samples: Convention for the Avoidance of Double Taxation, Convention for the Avoidance of Double Taxation

PENSIONS AND ANNUITIES. 1. Subject to the provisions of paragraph 2 of Article 2119 of this Agreement, pensions, and annuities pensions and other similar remuneration and annuities paid to a resident of a Contracting State in consideration of past employment shall be taxable only in that Contracting State. 2. Notwithstanding the provisions of paragraph 11 of this Article, pensions paid and other payments made under a public scheme which is part of the social security system of a Contracting State, political subdivisions, State or an administrative subdivision or a local authorities or local governments authority thereof shall be taxable only in that State.

Appears in 1 contract

Samples: Agreement for the Avoidance of Double Taxation

PENSIONS AND ANNUITIES. 1. Subject to the provisions of paragraph 2 of Article 2119, pensions, and annuities and other similar remuneration paid to a resident of a Contracting State in consideration of past employment shall be taxable only in that StateState . 2. Notwithstanding the provisions of paragraph 11 of this Article, pensions and other payments made under a public scheme which is part of the social security system legislation of a Contracting State, political subdivisions, local authorities or local governments thereof State shall be taxable only in that State.

Appears in 1 contract

Samples: Convention for the Avoidance of Double Taxation

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PENSIONS AND ANNUITIES. 1. Subject to the provisions of paragraph 2 of Article 2119, pensions, and annuities pensions and other similar remuneration and annuities arising in a Contracting State and paid to a resident of a the other Contracting State in consideration of past employment State, shall be taxable only in that the first-mentioned State. 2. Notwithstanding the provisions of paragraph 1, pensions and other similar payments made under a public scheme which is part of the social security system of a Contracting State, State or a political subdivisions, sub- division or a local authorities or local governments authority thereof shall be taxable only in that Statestate.

Appears in 1 contract

Samples: Agreement for the Avoidance of Double Taxation

PENSIONS AND ANNUITIES. 1. Subject to the provisions of paragraph 2 of Article 2119, pensions, and annuities pensions and other similar remuneration for past employment, and annuities, arising in a Contracting State and paid to a resident of a the other Contracting State State, may be taxed in consideration of past employment shall be taxable only in that the first-mentioned State. 2. Notwithstanding the provisions of paragraph 11 of this Article, pensions and other similar payments made under a any public scheme which is part of the social security system of a Contracting State, a political subdivisions, subdivision or a local authorities or local governments authority thereof shall be taxable only in that State.

Appears in 1 contract

Samples: Agreement for the Avoidance of Double Taxation

PENSIONS AND ANNUITIES. 1. Subject to the provisions of paragraph 2 of Article 2118, pensions, and annuities pensions and other similar remuneration remuneration, and annuities, arising in a Contracting State and paid to a resident of a the other Contracting State State, may be taxed in consideration of past employment shall be taxable only in that the first-mentioned State. 2. Notwithstanding the provisions of paragraph 11 of this Article, pensions and other similar payments made under a public scheme which is part of the social security system of a Contracting State, State or a political subdivisions, subdivision or a local authorities authority or a local governments government thereof shall be taxable only in that State.

Appears in 1 contract

Samples: Agreement for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion With Respect to Taxes on Income

PENSIONS AND ANNUITIES. 1. Subject to the provisions of paragraph 2 of Article 2119, pensions, and annuities pensions and other similar remuneration paid to a resident of a Contracting State in consideration of past employment employment, and any annuity, shall be taxable only in that State. 2. Notwithstanding the provisions of paragraph 1, pensions paid and other similar payments made under a public scheme which is part of the social security system of a Contracting State, political subdivisions, local authorities or local governments thereof State shall be taxable only in that State.

Appears in 1 contract

Samples: Convention for the Avoidance of Double Taxation

PENSIONS AND ANNUITIES. 1. Subject to the provisions of paragraph 2 of Article 2119, pensions, and annuities pensions and other similar remuneration and annuities arising in a Contracting State and paid to a resident of a the other Contracting State may be taxed in consideration of past employment shall be taxable only in that the first-mentioned Contracting State. 2. Notwithstanding the provisions of paragraph 1, pensions and other similar payments made under a public scheme which is part of the social security system legislation of a the Contracting State, political subdivisions, local authorities or local governments thereof State shall be taxable only in that State.

Appears in 1 contract

Samples: Double Taxation Agreement

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