DT6527 - DT: Egypt: double taxation agreement, Article 28: Entry into force
- This Convention shall be ratified and the instruments of
ratification shall be exchanged at London as soon as possible.
- This Convention shall enter into force immediately after the
expiration of thirty days following the date on which the
instruments of ratification are exchanged* and shall thereupon have
effect:
- in the United Kingdom:
(i) in respect of income tax and capital gains tax, for any year of assessment beginning on or after 6 April 1977; and
(ii) in respect of corporation tax, for any financial year beginning on or after 1 April 1977;
- in Egypt:
(i) in respect of tax on income from movable capital and tax on wages, salaries, indemnities and pensions, which taxes are due on or after 1 January 1977;
(ii) in respect of tax on commercial and industrial profits for any accounting period ending on or after 1 January 1977;
(iii) in respect of tax on income derived from immovable property (including the land tax, the building tax and ghaffir tax), tax on profits from liberal professions and all other non-commercial professions and the general income tax, for the calendar year commencing 1 January 1977.
* Instruments of ratification were exchanged on 23 July 1980
