Entry into force: ratification and exchange of instruments trigger a tax convention's legal effect in contracting states. The convention requires ratification and the exchange of instruments of ratification; it enters into force on that exchange and its provisions have effect ... Summary
Entry into force: ratification and exchange of instruments trigger a tax convention's legal effect in contracting states.
The convention requires ratification and the exchange of instruments of ratification; it enters into force on that exchange and its provisions have effect in each Contracting State as specified in the treaty text. Model convention practice treats these procedural steps as the trigger for territorial application in the respective states.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.