Article 19 - Non-government pensions and annuities - Thailand (Old - Effective upto 31-3-2016)

Article 19 : Non-government pensions and annuities 1. Any pension (other than a pension referred to in Article 18) or annuity derived by a resident of a Contracting State from sources within the other Contracting State may be taxed only in the first-mentioned Contracting State. 2. The term "pension" means a periodic payment made in consideration of services rendered in the past or as compensation for injuries received in the course of performance of services. 3. The term "annuity" means a stated sum payable periodically at stated times, during life or during a specified or ascertainable period of time, under an obligation to make the payments in return for adequate and full consideration in money or money's worth.