Multilateral Convention to Implement Tax Treaty-Related Measures to Prevent Base Erosion and Profit Shifting [the Multilateral Instrumnet]

  • Entry into Force Provision  [read]
  • Entry into Effect Provision [read]
  • Synthesized texts of the entry into effect provision of the MLI and the Sweden-UK CTA, with respect to Article 35(1) and Article 35(7)(a)

 

For application in Sweden

For application in the United Kingdom

(1) The provisions of this Convention (Article 35) shall have effect in each Contracting Jurisdiction with respect to a Covered Tax Agreement:

Explanation: Article 35(1)(a) and (7)(a) apply by replacing text-A with text-B:

(a) with respect to taxes withheld at source on amounts paid or credited to non-residents, where the event giving rise to such taxes occurs on or after the first day of the next calendar year that begins on or after the latest dates on which the MLI enters into force for each of the contracting jurisdictions to the CTA [text-A] 30 days after the date of receipt by the Depositary of the latest notification by Sweden * that it has completed its internal procedures for the entry into effect of the provisions of this Convention with respect to that specific Covered Tax Agreement [text-B];

Explanation: Some of the texts of Article 35(1)(b) [text-A], as unilaterally modified by article 35(3), shall be replaced by the texts described under 35(7)(a) [text-B]. Shorter period in article 35(1) would not apply either.

Explanation: Some of the texts of Article 35(1)(b) [text-A] shall be replaced by the texts described under 35(7)(a) [text-B]. Shorter period in article 35(1) would not apply either.

(b) with respect to all other taxes levied by Sweden, for taxes levied with respect to taxable periods beginning on or after 1 January of the next calendar year beginning on or after the expiration of a period of six calendar months from the latest dates on which the MLI enters into force for each of the contracting jurisdictions to the CTA [text-A] 30 days after the date of receipt by the Depositary of the notification by Sweden * that it has completed its internal procedures for the entry into effect of the provisions of this Convention with respect to the Sweden-United Kingdom CTA. [text-B]

(b) with respect to all other taxes levied by the United Kingdom, for taxes levied with respect to taxable periods beginning on or after the expiration of a period of six calendar months from the latest dates on which the MLI enters into force for each of the contracting jurisdictions to the CTA [text-A] 30 days after the date of receipt by the Depositary of the latest notification by Sweden * that it has completed its internal procedures for the entry into effect of the provisions of this Convention with respect to the Sweden-United Kingdom CTA. [text-B]

 

 

* Sweden is the Contracting Jurisdiction making the reservation described in paragraph 7 of Article 35 (Entry into Effect)