Question & AnswerQ&A (BIR REVENUE MEMORANDUM CIRCULAR NO. 4-92)
The circular lists the status and effectivity dates of the income tax treaties that the Philippines has entered into with other countries as of 1992.
The income tax treaty between the Philippines and the United States took effect on January 1, 1983.
Additional information can be requested from the International Tax Affairs Division.
The Philippines had entered into income tax treaties with 22 countries as of January 10, 1992.
Publishing the circular is intended to provide wide publicity and awareness about the existing tax treaties, ensuring proper understanding and compliance with related tax laws.
The earliest effectivity date listed is January 1, 1974 for the treaty between the Philippines and Denmark.
The tax treaties with Sweden and Italy both took effect on January 1, 1990.
The listed treaties specifically pertain to income tax as indicated by the title 'STATUS OF PHILIPPINE INCOME TAX TREATIES'.
They should refer to the most current government circulars or official publications from the Bureau of Internal Revenue or consult the International Tax Affairs Division for updated information.
The tax treaty between the Philippines and Korea took effect on January 1, 1987.