Article 16 - Directors' fees - Swiss Confederation

ARTICLE 1 [16] DIRECTORS FEES Directors fees and similar payments derived by a resident of a Contracting State in his capacity as a member of the Board of Directors of a company which is a resident of the other Contracting State shall be taxable only in that other Contracting State. ************** NOTES:- 1. Re-Numbered vide Notification No. 35 dated 07-02-2001 before it was read as, 15