TREATIES Article VIII Artikel VIII Gains from sale, etc., of capital assets. Government, etc. , salaries and pensions. Private pensions and life annuities. Interest on bonds, notes, or loans shall be taxable only in the contracting State in which the re- cipient of such interest is a resi- dent or, in the case of a corpora- tion or other entity, in the State in which the corporation or other en- tity is created or organized; pro- vided, however, that each con- tracting State reserves the right to collect and retain (subject to ap- plicable provisions of its revenue laws) the taxes which, under its revenue laws, are deductible at the source. Article IX Gains derived in one of the con- tracting States from the sale or ex- change of capital assets by a resi- dent or a corporation or other en- tity of the other contracting State shall be exempt from taxation in the former State, provided such resident or corporation or other entity has no permanent estab- lishment in the former State. Article X Wages, salaries and similar com- pensation and pensions paid by one of the contracting States or by the political subdivisions or terri- tories or possessions thereof to individuals residing in the other State shall be exempt from taxa- tion in the latter State. Private pensions and life annui- ties derived from within one of the contracting States and paid to in- dividuals residing in the other con- tracting State shall be exempt from taxation in the former State. Interest on bonds, notes, or loans. Exception; taxes deductible at source. Artikel IX Vinster a frssaljning eller byte av kapitaltillgangar, som i en av de avtalslutande staterna atnju- tits av i den andra staten boende person eller dar hemmahorande bolag eller annan juridisk person, skall undantagas fran beskattning i den forra staten, forsAvitt ej den fysiska eller juridiska personen har fast driftstalle d'arstades. Artikel X L6n, arvode eller annan liknande ersattning eller pension, som en av de avtalslutande staterna eller darunder lydande statlig och kom- munal enhet, territorium eller besittning utgiver till person bosatt inom den andra staten, ar undantagen fran beskattning i den senare staten. Enskild pension eller livranta, som frAn en av de avtalslutande staterna utgar till nAgon som bor i den andra staten, skall undanta- gas frAn beskattning i den forra staten. Ranta a obligationer, skuldsed- lar eller andra lanef6rbindelser skall beskattas endast i den av de avtalslutande staterna dar bor- genaren bor, eller, om denne ar ett bolag eller annan juridisk person, den stat dar bolaget eller den juri- diska personen bildats eller organ- iserats. En var av de avtalslu- tande staterna f6rbehaller sig lik- val ratten att, i den man dess skattelagstiftning sa f6reskriver, uttaga och innehalla skatt som en- ligt dess skattelagstiftning avdra- ges vid kallan. 1764 [54 STAT.
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