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 31
Entry into Force
(1) This Convention shall be ratified; the instruments of ratification shall be exchanged as soon as possible.
(2) This Convention shall enter into force on the day of the exchange of the instruments of ratification and shall have effect in both Contracting States:
- (a) in the case of taxes withheld at source, in respect of amounts paid on or after the first day of January of the calendar year next following that in which the Convention entered into force;
- (b) in the case of other taxes, in respect of taxes levied for periods beginning on or after the first day of January of the calendar year next following that in which the Convention entered into force.
(3) Upon the entry into force of this Convention, the Convention between the Federal Republic of Germany and the Socialist Republic of Romania for the Avoidance of Double Taxation with respect to Taxes on Income and Capital, signed on 29th June 1973, shall cease to have effect:
- (a) in the case of taxes withheld at source, in respect of amounts paid on or after the first day of January of the calendar year next following that in which the Convention entered into force;
- (b) in the case of other taxes, in respect of taxes levied for periods beginning on or after the first day of January of the calendar year next following that in which the Convention entered into force.