- 1
- Both Contracting States shall notify each other through diplomatic channels that they have completed the internal legal procedures necessary for the entry into force of this Agreement. This Agreement shall enter into force on the last day of the month following the date of the last notification. This Agreement shall have effect as regards income derived during the taxable years and periods beginning on or after the first day of January next following the calendar year in which this Agreement enters into force.
- 2
- The Agreement between the Kingdom of the Netherlands and the People’s Republic of China for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income, with Protocol, signed at Beijing on May 13th, 1987 (the prior Agreement), shall cease to have effect in relation to any tax with effect from the date on which this Agreement has effect in relation to that tax in accordance with paragraph 1 of this Article.