Entry into force of the Tax Convention between Japan and Slovenia
1. On July 24, 2017, mutual notification procedures were completed for the entry into force of the “Convention between Japan and the Republic of Slovenia for the Elimination of Double Taxation with Respect to Taxes on Income and the Prevention of Tax Evasion and Avoidance” (signed on September 30, 2016, in Tokyo).
2. Therefore, the Convention will enter into force on August 23 this year, and will apply to the followings:
(a) in Japan:
(i) with respect to taxes levied on the basis of a taxable year, for taxes of any taxable years beginning on or after 1 January, 2018; and
(ii) with respect to taxes levied not on the basis of a taxable year, for taxes levied on or after 1 January, 2018; and
(b) in Slovenia:
(i) with respect to taxes withheld at source, on income derived on or after 1 January, 2018; and
(ii) with respect to other taxes, for taxes chargeable for any taxable year beginning on or after 1 January, 2018.
(c) The provisions concerning exchange of information and assistance in the collection of taxes have effect from August 23, 2017, without regard to the date on which the taxes are levied or the taxable year to which the taxes relate.