revenue_memorandum_circular RMC No. 33-2018RMC No. 33-2018 2018-05-17

RMC No. 33-2018 — Notifies the entry into force, effectivity and applicability of the Renegotiated Philippines-Thailand Double Taxation Convention Digest | Full Text

SUBJECT REPUBLIC OF THE PHILiPPINES TO DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE Date: i.!*y 17, ?Q18 REVENUE MEMORANDUM CIRCULAR NO. 99- 2OI9 Entry into Force, Effectivity and Applicability of the Renegotiated Philippines-Thailand Double Taxation Convention All lnternal Revenue officers, Employees and others concerned The Renegotiated Convention between the Government of the Republic of the philippines ani the Government of the Republic of Thailand for the Avoidance of Doubie Taxation and the Prevention .of Fiscal Evasion with Respectto Taxes on lncome has entered into force on 05 March 2018. Paragraph 2, Article 28 (Entry into Force) of the Convention provides that it shall have effect in respebt of taxes withheld at source on income paid to non-residents on or after the first day of January in the calendar year next following that in which the Conventton enters into forte, and in respect of other taxes on income, in any taxable year beginning on or after the first day of January in the calendar year next following that in which the Convention enters into force. Accordingly, the Renegotiated Convention shall have effect on income that arises in the Philippines beginning January 1,2CI19. Tax Treaty Relief Applications invoking the Renegotiated Philippines-Thailand Double Taxation Convention should be filed with, and addressed to, the lnternational Tax Affairs Division at Room No. 811, Bureau of lnternal Revenue, National Office Building, Diliman, oQruheizsodnuClyity-a, uPthhoilirpzpeidnerse.prFeosretnhtiastipvuer,psohsoe,ultdhefilecoancdeurlnyeadcTcohmaiprleisshideednAt papnldicaintcioonmfeoreaRrenleier,f from Double Taxation (AiR Form No. 0901) or Certificate of Residence for Tax Treaty Relief (CORTT Form), whichever is applicable, together with the required documents, pursuant to Revenue Memorandum Order Nos. 72-2010 and 08-2017, respectively. This Circular should be given the widest publicity possible. BUREAU OF INTERNAL REVENUE /P<e' CAESAR R. DULAY MAY 17 ,L41fl Commissioner of lnternal Revenue RhCURDS MGT. DIVISION 016488

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