Income Tax (Brunei Darussalam - The Republic of The Philippines) (Avoidance of Double Taxation Agreement) Order, 2023

No. S 19

INCOME TAX ACT

(Chapter 35)

INCOME TAX (BRUNEI DARUSSALAM-THE REPUBLIC OF THE PHILIPPINES)

(AVOIDANCE OF DOUBLE TAXATION AGREEMENT) ORDER, 2023

WHEREAS it is provided by section 41 of the Income Tax Act that if the

Minister, with the approval of His Majesty the Sultan and Yang Di-Pertuan, by order declares that arrangements specified in the order have been made with the government of any country or territory outside Brunei Darussalam in relation to tax under that Act and any tax of a similar character imposed by the laws of that country or territory for the purposes of which include relief from double taxation and that it is expedient that those arrangements should have effect, the arrangements shall have effect in relation to tax and other related matters under that Act notwithstanding anything in any written law.

AND WHEREAS by an agreement dated the 16th day of July 2021 between the

Government of

His

Majesty the

Sultan and

Yang

Di-Pertuan of

Brunei Darussalam and the Government of the Republic of the Philippines, arrangements were made, amongst other things, for the avoidance of double taxation.

NOW THEREFORE it is hereby declared by the Minister, with the approval of

His Majesty the Sultan and Yang Di-Pertuan, that-

{a) the agreement specified in the Schedule have been made with the

Government of the Republic of the Philippines; and

{b) it is expedient that those arrangements shall have effect notwithstanding anything in any written law.

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