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Italian Chamber of Deputies Approves Protocol to Tax Treaty with the Philippines

04 October 2017

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Treaty Development

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Italy-Philippines

On 27 September 2017, the Italian Chamber of Deputies approved the bill for the ratification of the pending protocol to the 1980 income tax treaty with the Philippines. The protocol, signed on 9 December 2013, is the first to amend the treaty. It amends Articles 2 (Taxes Covered), 3 (General Definitions), and 22 (Methods for Elimination of Double Taxation), and replaces Article 25 (Exchange of Information). It will enter into force and apply from the date the ratification instruments are exchanged.