Article 28 - Entry into force - Brazil

ARTICLE 28 ENTRY INTO FORCE 1. This Convention shall be ratified and the instruments of ratification shall be exchanged at Brasilia as soon as possible. 2. This Convention shall enter into force upon the exchange of instruments of ratification and its provisions shall have effect for the first time : (a) in Brazil : I. in respect of taxes withheld at source, to amounts paid or credited on or after the first day of January of the calendar year immediately following that in which the Convention enters into force; II. in respect of other taxes covered by the Convention, for the taxable year beginning on or after the first day of January of the calendar year immediately following that in which the Convention enters into force; (b) in India : in respect of income arising in any previous year beginning on or after the first day of April immediately following the calendar year in which the Convention enters into force.