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
This Agreement shall enter into force on the date on which the Contracting States exchange notes through the diplomatic channel notifying each other that the last of such procedures has been done as is necessary to give this Agreement the force of law in the Islamic Republic of Iran and Malaysia as the case may be, and thereupon this Agreement shall have effect:
- (a) in the Islamic Republic of Iran, in respect of the Islamic Republic of Iran direct tax:
- (i) to tax chargeable for any taxable year beginning on or after 1 January in the calendar year next following the year in which this Agreement enters into force; or
- (ii) to tax chargeable for any taxable year beginning on or after 1 January of the second calendar year next following the year in which this Agreement enters into force, whichever is applicable;
- (b) in Malaysia, in respect of Malaysian tax:
- (i) to tax chargeable for any year of assessment beginning on or after 1 January in the calendar year following the year in which this Agreement enters into force; or
- (ii) to tax chargeable for any year of assessment beginning on or after 1 January of the second calendar year following the year in which this Agreement enters into force, whichever is applicable.