RMC No. 58-2018 — Notifies the entry into force, effectivity and applicability of the Philippines-Mexico Double Taxation Agreement

BUREAUDFINTFFNALREY

REPUBLIC OF THE PHILIPPINES

BUREAU OF INTERNAL REVENUE DEPARTMENT OF FINANCE U 03 2018 3:200

v-fEE:;.

Date:.- July 3, 2018

Revenue MeMorandum CirCuLar no. M3- &0/P

SUBJECT Entry into Force, Effectivity and Applicability of the Philippines- Mexico Double Taxation Agreement

TO All Internal Revenue Officers, Employees and Others Concerned

the Government of the United Mexican States for the Avoidance of Double Taxation The Agreement between the Government of the Republic of the Philippines and

with Respect to Taxes on Income and the Prevention of Fiscal Evasion has entered into force on 18 April 2018.

Article 29 (Entry into Force) of the Agreement provides that it shall have effect in respect of taxes withheld at source, to income paid or credited on or after the first day of January in the calendar year next following that in which the Agreement enters into force, and in respect of other taxes, for any taxable year beginning on or after the first day of January in the calendar

shall have effect on income that arises in the Philippines beginning January 1, 2019. year next foliowing that in which the Agreement enters into force. Accordingly, the Agreement

Agreement should be filed with, and addressed to, the International Tax Affairs Division (ITAD) at Room No. 811, Bureau of Internal Revenue, National Office Building, Diliman, Quezon City Philippines. For this purpose, the concerned Mexican resident and income earner, or his duly Tax Treaty Relief Applications invoking the Philippines-Mexico Double Taxation

authorized representative, should file a duly accomplished Application for Relief from Double Taxation (BIR 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 shouid be given the widest publicity possible.

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Commissioner of Internal Revenue CAESAR R. DULAY 01784 2