Agreement in Principle on the Convention between Japan and the Portuguese Republic for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income

December 12, 2011
Japanese

  1. The Government of Japan and the Government of the Portuguese Republic, as the result of the intergovernmental negotiations, have agreed in principle on the Convention for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income.

  2. The main purpose of this Convention is the adjustment of the international double taxation arising from economic and investment activities between the two countries. It is expected that the environment of economic and investment activities between the two countries will be prepared by this Convention.

  3. This Convention will be signed after the procedures within the both Governments, and enter into force, after the completion of the domestic procedures for the conclusion of the Convention (in case of Japan, approval by the Diet will be necessary).
    • (*The foregoing is a provisional translation. The date indicated above date denotes the date of issue of the original press release in Japanese.)
(END)


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