Australian Tax Treaties

Italian Convention  

CHAPTER VI - FINAL PROVISIONS  

ARTICLE 29   Entry into Force  

(1)    
This Convention shall be ratified and the instruments of ratification shall be exchanged at Rome as soon as possible.

(2)    
The Convention shall enter into force on the date of the exchange of instruments of ratification and its provisions shall have effect -

(a) in Australia -

(i) in respect of withholding tax on income that is derived by a non-resident, in respect of income derived on or after 1 July 1976;

(ii) in respect of other Australian tax, for any year of income beginning on or after 1 July 1976;

(b) in Italy -
in respect of income assessable for taxable periods beginning on or after 1 July 1976.

(3)    
Claims for refund or credits arising in accordance with this Convention in respect of any tax payable by residents of either of the Contracting States in respect of income which is subject to tax and to which this Convention applies in accordance with paragraph (2) of this Article and which was derived before the entry into force of this Convention, shall be lodged within three years from the date of entry into force of this Convention or from the date the tax was charged whichever is later.