The Agreement between The Royal Government of The Kingdom of Thailand and The Government of New Zealand for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on income was signed on 22th October 1998 and the notes indicating both states have completed necessary procedures were exchanged on 14th December 1998.

            Under Article 28, this Agreement shall apply in Thailand :

1.         In respect of taxes withheld at source, on amounts paid or remitted on or after 1st January 1999.

2.         In respect of other taxes on income, for taxable years or accountiong periods beginning on or after 1st January 1999.