Note: This Treaty may be impacted by the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS (MLI). MLI impact on Tax Treaties is available with the Orbitax International Tax Research & Compliance Expert.
ARTICLE 28
Entry into Force
Each of the Contracting States shall notify to the other in writing through the diplomatic channel of the completion of the procedures required by its legislation for the entry into force of this Agreement. This Agreement shall enter into force on the date of the later of these notifications and shall thereupon have effect:
- (a) in Vietnam:
- (i) in respect of taxes withheld at source, in relation to taxable amounts paid on or after 1 January following the calendar year in which the Agreement enters into force;
- (ii) in respect of other income taxes, in relation to income, profits or gains arising in the calendar year following the calendar year in which the Agreement enters into force;
- (iii) in respect of taxes on capital charged on elements of capital existing on 1 January in any year next following the calendar year in which the Agreement enters into force, and in any subsequent calendar year;
- (b) in Ukraine:
- (i) in respect of taxes on dividends, interest or royalties for any payments made on or after the sixtieth day following that day on which the Agreement enters into force;
- (ii) in respect of tax on profits (income) of enterprises, for any taxation period beginning on or after 1 January in the calendar year next following that in which the Agreement enters into force;
- (iii) in respect of individual income tax, for any payments made on or after the sixtieth day following that day on which the Agreement enters into force;
- (iv) in respect of taxes on capital charged on elements of capital existing on 1 January in any year next following the calendar year in which the Agreement enters into force, and in any subsequent calendar year.