These purposes are in fact incorporated in the title and the preamble 23 What

These purposes are in fact incorporated in the title

This preview shows page 33 - 35 out of 35 pages.

These purposes are in fact incorporated in the title and the preamble. 23) What are the effective Philippine tax treaties? The Philippines has thirty-seven (37) effective tax treaties. The following tax treaties and their dates of effectivity as as follows: Effective Philippine Tax Treaties (as of June 2010) Country Date of Effectivity Date and Venue of Signature 1. Australia January 1, 1980 May 11, 1979, Manila, Philippines 2. Austria January 1, 1983 April 4, 1981, Vienna, Austria 3. Bahrain January 1, 2004 November 7, 2001, Manila, Philippines 4. Bangladesh January 1, 2004 September 8, 1997, Manila, Philippines 5. Belgium January 1, 1981 October 2, 1976, Manila, Philippines 6. Brazil January 1, 1992 Sept. 29, 1983, Brasilia, Brazil 7. Canada January 1, 1977 March 11, 1976, Manila, Philippines 8. China January 1, 2002 November 18, 1999, Beijing, China 9. Czech January 1, 2004 November 13, 2000, Manila, Philippines 10. Denmark (Renegotiated) January 1, 1998 June 30, 1995, Copenhagen, Denmark 11. Finland January 1, 1982 October 13, 1978, Manila, Philippines
Image of page 33

Subscribe to view the full document.

12. France January 1, 1978 January 9, 1976, Kingston, Jamaica 13. Germany January 1, 1985 July 22, 1983, Manila, Philippines 14. Hungary January 1, 1998 June 13, 1997, Budapest, Hungary 15. India January 1, 1995 February 12, 1990, Manila, Philippines 16. Indonesia January 1, 1983 June 18, 1981, Manila, Philippines 17. Israel January 1, 1997 June 9, 1992, Manila, Philippines 18. Italy January 1, 1990 December 5, 1980, Rome, Italy 19. Japan January 1, 1981 February 13, 1980, Tokyo, Japan 20. Korea January 1, 1987 February 21, 1984, Seoul, Korea 21. Malaysia January 1, 1985 April 27, 1982, Manila, Philippines 22. Netherlands January 1, 1992 March 9, 1989, Manila, Philippines 23. New Zealand January 1, 1981 April 29, 1980, Manila, Philippines 24. Norway January 1, 1998 July 9, 1987, Manila, Philippines 25. Pakistan January 1, 1979 February 22, 1980, Manila, Philippines 26. Poland January 1, 1998 September 9, 1992, Manila, Philippines 27. Romania January 1, 1998 May 18, 1994, Bucharest, Romania 28. Russia January 1, 1998 April 26, 1995, Manila, Philippines 29. Singapore January 1, 1977 August 1, 1977, Manila, Philippines 30. Spain January 1, 1994 March 14, 1989, Manila, Philippines 31. Sweden (Renegotiated) January 1, 2004 June 24, 1998, Manila, Philippines 32. Switzerland January 1, 2002 June 24, 1998, Manila, Philippines 33. Thailand January 1, 1983 July 14, 1982, Manila, Philippines 34. United Arab Emirates January 1, 2009 September 21, 2003, Dubai, UAE 35. United Kingdom of Great Britain and Northern Ireland January 1, 1979 June 10, 1976, London, United Kingdom 36. United States of America January 1, 1983 October 1, 1976, Manila, Philippines 37. Vietnam January 1, 2004 November 14, 2001, Manila, Philippines 24) What office can we inquire about the said tax treaties? The International Tax Affairs Division (ITAD). 25) What taxes are covered by Philippine tax treaties? Income taxes imposed by the domestic laws of the Contracting States, including substantially similar taxes that may be imposed later, in addition to, or in place, are covered by the tax treaties. In the Philippines, this is generally limited to Title II (Tax on Income) of the National Internal Revenue Code of 1997, as amended.
Image of page 34
26) How is business income treated under our tax treaties?
Image of page 35
  • Spring '16

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern

Ask Expert Tutors You can ask You can ask ( soon) You can ask (will expire )
Answers in as fast as 15 minutes