The Convention between The Royal Government of the Kingdom of Thailand and the Government of Romania for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income was signed on 26^th June 1996 and the instrument of ratification were exchanged on 13^th April 1997.

            Under Article 29, this Convention shall apply in Thailand:

1.         in respect of taxes withheld at source, on amounts paid or remitted on or after 1^st January 1998,

2.         in respect of other taxes on income, for taxable years or accounting periods beginning on or after 1^st January 1998.