Federal Register of Legislation - Australian Government

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This instrument provides notice of the coming into force of the Convention between the Government of Australia and the Government of the State of Israel for the elimination of double taxation with respect to taxes on income and the prevention of tax evasion and avoidance.
Administered by: Treasury
Registered 06 Jan 2020

 

International Tax Agreements (Australia-Israel Tax Agreement) Instrument 2019

I, Josh Frydenberg, Treasurer, make the following instrument.

Dated: 18 December 2019

 

Josh Frydenberg

Treasurer

 

  

  

  


Contents

Part 1—Preliminary                                                                                                      1

1  Name........................................................................................................................................ 1

2  Commencement........................................................................................................................ 1

3  Authority.................................................................................................................................. 1

4  Definitions................................................................................................................................ 1

Part 2—Notification: entry into force of international tax agreement                     2

5  Entry into force of Australia‑Israel Tax Treaty......................................................................... 2

 


Part 1Preliminary

  

1  Name

                   This instrument is the International Tax Agreements (Australia-Israel Tax Agreement) Instrument 2019.

2  Commencement

             (1)  Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

 

Commencement information

Column 1

Column 2

Column 3

Provisions

Commencement

Date/Details

1.  The whole of this instrument

The day after this instrument is registered.

 

Note:          This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.

             (2)  Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.

3  Authority

                   This instrument is made under the International Tax Agreements Act 1953.

4  Definitions

Note:       Expressions have the same meaning in this instrument as in the International Tax Agreements Act 1953 as in force from time to time—see paragraph 13(1)(b) of the Legislation Act 2003.

                   In this instrument:

this Act means the International Tax Agreements Act 1953.

Part 2Notification: entry into force of international tax agreement

  

5  Entry into force of Australia‑Israel Tax Treaty

                   For the purposes of subsection 4A(2) of the Act, the Israeli convention entered into force on 6 December 2019.

Note:          Entry into force on 6 December 2019 has the effect that the Israeli convention shall apply, in the case of Australia, to:

(a)    withholding taxes from 1 January 2020;

(b)    fringe benefits tax from 1 April 2020; and

(c)    other Australian taxes to which the convention applies from 1 July 2020.

For further details – see Article 29 of the Israeli convention.