Note: This Treaty may be impacted by the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS (MLI). MLI impact on Tax Treaties is available with the Orbitax International Tax Research & Compliance Expert.
ARTICLE 28
Entry into Force
(1) This Convention shall be approved in accordance with the legal procedures of each of the Contracting States and shall enter into force on the date of exchange of diplomatic notes indicating such approval.
(2) The provisions of this Convention shall have effect:
- (a) in United Arab Emirates:
- (i) with respect to taxes levied on the basis of a taxable year, for taxes for any taxable years beginning on or after the first day of January in the calendar year next following that in which the Convention enters into force; and
- (b) in Chile:
- (i) with respect to taxes on income obtained and amounts paid, credited to an account, put at the disposal or accounted as an expense, on or after the first day of January in the calendar year next following that in which the Convention enters into force.
(3) Notwithstanding the provisions of paragraph (2), the provisions of Article 26 shall have effect from the date of entry into force of this Convention without regard to the date on which the taxes are withheld at source or the taxable year to which the matter relates.