Summary
RMC No. 32-2016 announces the entry into force, effectivity and applicability of the Protocol amending the Philippines-New Zealand tax treaty.
Key points
- Entry into force. The Protocol amending the Convention between the Philippines and New Zealand for the Avoidance of Double Taxation and Prevention of Fiscal Evasion with Respect to Taxes on Income entered into force on October 2, 2008.
- Effect. Its provisions have effect on taxes covered by the Protocol, including taxes withheld at source, for any taxable period beginning on or after the first day of January 2009.
- Treaty relief applications. Applications invoking the Protocol are filed with the International Tax Affairs Division, Room No. 811, BIR National Office Building, Diliman, Quezon City. The New Zealand 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
- New Zealand resident income earners and their authorized representatives
Deadlines and effectivity
- Entered into force: October 2, 2008
- Effective for taxable periods beginning on or after January 1, 2009
Summary by Tax Resources PH. It is not a substitute for the full text of the issuance or professional advice.
Copies of BIR issuances are hosted here for reference. For the official version, check bir.gov.ph. Summaries by Tax Resources PH are not a substitute for the full text or professional advice.