RMC No. 65-2015 — Circularizes the full text of the "Protocol Amending the Agreement between the Government of the Republic of the Philippines and the Government of the French Republic for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income"

REPUBLIC OF THE PHILIPPINES

DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE

Date: 0ctober 7: 2015

REVENUE MEMORANDUM CIRCULAR NO. 65- 5

SUBJECT Circularizing the full text of the "Protocol Amending the Agreement : between the Government of the Republic of the Philippines and

the Government of the French Republic for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income

TO : Afl Internal Revenue Officers, Employees and Others Concerned

The Protocol amending the Agreement between the Government of the Republic of the Philippines and the Government of the French Republic for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income (Philippines-France DTA) was signed on 25 November 2011 and entered into force on 01 February 2013.

The purpose for amending the Philippines-France DTA is to update Artic!e 26 (Exchange of Information) in order to reflect internationally agreed standards on tax transparency and exchange of information.

concerned, attached is a copy of the Protocol Amending the Agreement between the Government of the Republic of the Philippines and the Government of the French For the information and guidance of all internal revenue officials and others

Republic for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income

All concerned are hereby enjoined to be guided accordingly and give this circular a wide publicity as possible

RECORDS MGT DIVISION DUREAU OF INTERNAL REVENUE Commissioner of Internal Revenue KIM S. JACINTO-HENARES

OX.7 0 72015 Wa 0359 60

BECEIVED