RMC No. 31-2016: Announces the entry into force, effectivity and applicability of the Philippines-Turkey Double Taxation Agreement

Key points

1. Entry into force. The Agreement for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income entered into force on January 11, 2016.
2. Effect. For tax withheld at source on income paid to non-residents, it applies on or after January 1 of the calendar year next following the year it enters into force. For other income taxes, it applies to taxable years beginning on or after that January 1.
3. Treaty relief applications. Applications invoking the Agreement are filed with the International Tax Affairs Division, Room No. 811, BIR National Office Building, Diliman, Quezon City. The Turkish resident income earner or an authorized representative files a duly accomplished BIR Form No. 0901 (Application for Relief from Double Taxation) with the required documents, under Revenue Memorandum Order No. 72-2010.

Who is affected

• Turkish resident income earners and their authorized representatives

Deadlines and effectivity

• Entered into force: January 11, 2016
• Effective from January 1 of the calendar year next following the year of entry into force