Entry into force of a tax convention requires bilateral notification and triggers fiscal-year-based commencement of application. Contracting States must exchange written notifications, through diplomatic channels, confirming completion of domestic procedures; the Convention enters into force thirty days after receipt of the later notification. Its provisions apply to taxable periods beginning on or after the first day of the fiscal year following the calendar year in which the Convention enters into force, with differing fiscal-year commencement rules in each Contracting State, and the prior bilateral treaty and Protocol cease to have effect once the Convention becomes effective.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Entry into force of a tax convention requires bilateral notification and triggers fiscal-year-based commencement of application.
Contracting States must exchange written notifications, through diplomatic channels, confirming completion of domestic procedures; the Convention enters into force thirty days after receipt of the later notification. Its provisions apply to taxable periods beginning on or after the first day of the fiscal year following the calendar year in which the Convention enters into force, with differing fiscal-year commencement rules in each Contracting State, and the prior bilateral treaty and Protocol cease to have effect once the Convention becomes effective.
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