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 27
Entry into Force
(1) This Agreement shall be ratified by the Contracting States and the instruments of ratification shall be exchanged as soon as possible.
(2) The Agreement shall enter into force upon the exchange of instruments of ratification and its provisions shall have effect:
- (a) in respect of taxes withheld at the source, to amounts of income derived on or after 1 January (11th Day Solar Hijra) in the calendar year next following the year in which the Agreement enters into force;
- (b) in respect of other taxes on income, to such taxes chargeable for any taxable year beginning on or after 1 January (11th Day Solar Hijra) in the calendar year next following the year in which the Agreement enters into force.