Common use of COMPANY MANAGERS Clause in Contracts

COMPANY MANAGERS. 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 or a similar organ of a company which is a resident of the other Contracting State may be taxed in that other State. The preceding provision shall also apply to payments derived in respect of the discharge of functions which, under the laws of the Contracting State of which the company is a resident, are regarded as functions of a similar nature as those exercised by a person referred to in the said provision.

COMPANY MANAGERS. 1. Directors' fees and or other similar payments derived by a resident of a Contracting State in his capacity as a member of the board of directors or a similar organ of a company which is a resident of the other Contracting State may be taxed in that other State. The preceding provision shall also apply to payments derived in respect of the discharge of functions which, under the laws of the Contracting State of which the company is a resident, are regarded as functions of a similar nature as those exercised by a person referred to in the said provision.

COMPANY MANAGERS. 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 or a similar organ of a company which is a resident of the other Contracting State may be taxed in that other State. The preceding provision provisions of this paragraph shall also apply to payments derived in respect of the discharge of functions which, under the laws of the Contracting State of which the company is a resident, are regarded as functions of a similar nature as those exercised by a person referred to in the said provisionwhom this paragraph applies.

COMPANY MANAGERS. 1. Directors' fees and or other similar payments derived by a resident of a Contracting State in his capacity as a member of the board theboard of directors or a similar organ of a company which is a resident of the other Contracting State may be taxed in that other State. The preceding provision shall also apply to payments derived in respect of the discharge of functions which, under the laws of the Contracting State of which the company is a resident, are regarded as functions of a similar nature as those exercised by a person referred to in the said provision.

COMPANY MANAGERS. 1. Directors' fees and other similar payments derived by a resident of a Contracting State Party in his capacity as a member of the board of directors or a similar organ of a company which is a resident of the other Contracting State Party may be taxed in that other StateParty. The preceding provision shall also apply to payments derived in respect of the discharge of functions which, under the laws of the Contracting State Party of which the company is a resident, are regarded as functions of a similar nature as those exercised by a person referred to in the said provision.

COMPANY MANAGERS. 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 or a similar organ of a company which is a resident of the other Contracting State may be taxed in that other State. The preceding This provision shall also apply to payments derived in respect of the discharge of functions which, under the laws of the Contracting State of which the company is a resident, are regarded as functions of a similar nature as those exercised by a person referred to in the said provision.

COMPANY MANAGERS. 1. Directors' ’ fees and other similar payments derived by a resident of a Contracting State Party in his capacity as a member of the board of directors or a similar organ of a company which is a resident of the other Contracting State Party may be taxed in that other StateParty. The preceding provision shall also apply to payments derived in respect of the discharge of functions which, under the laws of the Contracting State Party of which the company is a resident, are regarded as functions of a similar nature as those exercised by a person referred to in the said provision.