Article 16 - Directors' fees and remuneration of top-level managerial officials - Thailand (Old - Effective upto 31-3-2016)

Article 16 : Directors' fees and remuneration of top-level managerial officials 1. Directors' fees and other 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 may be taxed in that other State. 2. Salaries, wages and other similar remuneration derived by a resident of a Contracting State in his capacity as an official in a top-level managerial position of a company which is a resident of the other Contracting State may be taxed in that other State.