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ARTICLE 16
DIRECTORS' FEES

 

1.            Directors' fees and similar payments derived by a resident of the Netherland in his capacity as a member of the board of directors of a  company which is a resident of  Thailand may be taxed in Thailand.

 

2.            Remuneration and other payments derived by a resident of Thailand in his capacity as a "bestuurder" or a "commissaris" of a company which is a resident of the Netherlands may be taxed in the Netherlands.

 

 

ARTICLE 17
ARTISTES AND ATHLETES

               Notwithstanding the provisions of Article 5, 7 and 15, income derived by public entertainers, such as theatre, motion picture, radio or television artisters, and musicians, any by athletes, from their personal activities as such, or income derived from the  furnishing by an enterprise of the services of such public entertainers or athletes, may be taxed in the State in which these activities or services are exercised.

 

 

ARTICLE 18
PENSIONS AND ANNUITES

1.            Subject to the provisions of paragraph 2 of this Article and paragraph 1 of Article 19, pensions and other similar remuneration paid in consideration of past employment to a resident of one of the States and any annuity paid to such a resident, shall be taxable only in that States.

 

2.            However, such income may also be taxed in the other State in so far as it is charged as such against profits derived in that other State by an enterprise of that other State or by an enterprise having permanent establishment therein.

 

3.            The term "annuity" means a stated sum payable periodically at stated times during life of during a specified or as certainable period of time under an obligation to make the payments in return for adequate and full consideration in money or money's worth.

 

 

ARTICLE 19
GOVERNMENTAL FUNCTIONS   

1.            Remuneration, including pensions, paid by, or out of funds created by, one of the States or a political subdivision or a local authority thereof to any individual in respect of services to that State or subdivision or local authority thereof in the discharge of  functions of a governmental nature be taxed in that State.

 

2.            However, the provisions of Article 15, 16 and 18 shall apply to remuneration or pensions in respect of services rendered in connection with any trade or business carried on by one of the States or a Political subdivision or a local authority thereof. 

 

 

ARTICLE 20
PROFESSORS AND TEACHERS

1.            Payments which a professor or teacher who is a resident of one of the States and who is present in the other State for the purpose of teaching or scientific research for a maximum period of two years in a university, college or other establishment for teaching or scientific research owned by that other State or its political subdivisions or local authorities, or a non-profit organization of that other State, receives for such teaching or research shall be taxable only in the first-mentioned State.

 

2.            This Article percent apply to income from research if such research is undertaken not in the public interest but primarily for the private benefit of a specific person or persons.

 

 

Last updated: 08.12.2011