DT: Finland: double taxation agreement, Article 19: Pensions and annuities
Article 19 was substituted by SI 1996/3166. The current Article 19 is as follows:
(1) Subject to the provisions of paragraph (2) of Article 20:
(a) pensions and other similar payments arising in a Contracting State,
(b) benefits, whether periodic or lump-sum compensation, awarded under the social security legislation of a Contracting State or under any public scheme organised by a Contracting State for social welfare purposes, or
(c) any annuity arising in a Contracting State,
shall be taxable only in that Contracting State.
(2) The term ‘annuity’ as used in this Article means a stated sum payable periodically to an individual at stated times during his 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.