DT: Philippines: double taxation agreement, Article 27: Entry into force
(1) This Convention shall be ratified and the instruments of ratification shall beexchanged at Manila as soon as possible.
(2) This Convention shall enter into force immediately after the expiration of thirty daysfollowing the date on which the instruments of ratification are exchanged and shallthereupon have effect:
- in the United Kingdom:
(i) in respect of income tax and capital gains tax, for any year of assessment beginning on or after 6 April 1977; and
(ii) in respect of corporation tax, for any financial year beginning on or after 1 April 1977;
- in the Philippines:
(i) in respect of tax withheld at the source on amounts paid on or after 1 January immediately following the calendar year in which the exchange of instruments of ratification takes place; and
(ii) in respect of other taxes for taxation years or periods beginning on or after the first day of January immediately following the calendar year in which the exchange of instruments of ratification takes place.