The Agreement between Thailand and the Federal Republic of Germany for the Avoidance of Double Taxation with Respect to Taxes on Income was signed on 10^th July 1967 and the instruments of ratification were exchanged on 4the November 1968.

              Under Article 29, this Agreement shall apply in Thailand:

1.           in respect of taxes on income of the calendar year and accounting periods ending on or after 1^st January 1967,

2.           in respect of on capital the payment of which is required on or after 1^st January 1967.