RMC No. 30-2024 — Entry into Force, effectivity and applicability of the Philippines-Brunei Double Taxation Agreement

REPUBLIC OF THE PHILIPPINES

BUREAU OF INTERNAL REVENUE DEPARTMENT OF FINANCE Date: 3 FEB 2024

REVENUE MEMORANDUM CIRCULAR NO. 30 -2024

SUBJECT Entry into Force, Effectivity and Applicability of the Philippines-

Brunei Double Taxation Agreement

TO All Internat Revenue Officers, Employees and Others Concerned

The Agreement between the Government of the Republic of the Philippines and the Government of His Majesty the Sultan and Yang Di-Pertuan of Brunei Darussalam for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income (PH-Brunei Tax Treaty) has entered into force on January 25, 2024.

Article 28 (Entry into Force) of the Agreement provides that its provisions shall have effect in respect 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

that in which the Agreement enters into force. Accordingly, the Agreement shall have effect on income derived from sources within the Philippines beginning January 1, 2025. Agreement enters into force, 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

provisions of the PH-Brunei Tax Treaty should be filed with, and addressed to, the Tax Treaty Relief Applications or Requests for Confirmation invoking the

international Tax Affairs Division (ITAD) at Room No. 811, Bureau of internal

Diliman, Quezon City, Phitippines. For this purpose, the concerned tax resident of Revenue, National Office Building, Senator Miriam P. Defensor-Santiago Avenue,

should file a duly accomplished Application for Treaty Purposes (BiR Form No. 0901). Brunei, the income payor or withholding agent, or their duly authorized representative, together with the required documents, pursuant to Revenue Memorandum Order No. 14-2021, as ciarified by Revenue Memorandum Circular No. 77-2021.

This Circular should be given the widest publicity possible.

11:10 A FE8 2o 20? 'or RO sioner of internal Revenue IJR

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