Double Taxation Avoidance Agreement between Philippines and AustraliaTaxation Avoidance Agreement • July 3rd, 2014
Contract Type FiledJuly 3rd, 2014The Agreement between the Government of the Republic of the Philippines and the Government of Australia for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income was signed in Manila on May 11, 1979. It entered into force on June 17, 1980, upon the exchange of the relevant instruments of ratification in Canberra, Australia on that date. In the Philippines, its provisions on taxes apply on income derived or which accrued beginning January 1, 1980. In Australia, its provisions on taxes apply on income derived or which accrued beginning January 1, 1980 if such income is derived by or which accrued to a non-resident person, and beginning July 1, 1980 in all other cases.