DT6917 - DT: Falkland Islands: double taxation agreement, Article 18: Pensions

(1) Subject to the provisions of sub-paragraph (2) of Paragraph 19 of this Arrangement:

(a) pensions and other similar remuneration paid in consideration of past employment, and
(b) any annuity paid,
to an individual who is a resident of a territory, and is subject to tax in respect thereof in that territory, shall be taxable only in that territory.

(2) The term "annuity" means a stated sum payable to an individual periodically 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.