- 1
- Pensions and other similar remuneration paid to an individual who is a resident of one of the States in consideration of past employment shall be taxable only in the State of which that individual is a resident.
- 2
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- a)Notwithstanding the provisions of paragraph 1 of this Article pensions and other similar remuneration paid by one of the States or a political subdivision or a local authority out of the budget or special funds thereof to an individual may be taxed in that State;
- b)However, such pensions and remuneration shall be taxable only in the other State if the recipient is a national of and a resident of that other State.
- 3
- Notwithstanding the provisions of paragraph 2 of this Article, the provisions of paragraph 1 of this Article shall apply to pensions and other similar remuneration in respect of activities exercised in connection with a business carried on by one of the States or a political subdivision or a local authority thereof.
- 4
- Pensions and other similar payments paid to an individual under the public social security scheme of the Netherlands may be taxed in that State.
