The Convention between the Royal Government of the Kingdom of Thailand and the Grand Duchy of Luxembourg for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income and on Capital was signed on 7^th May 1996 and the instruments of ratification were exchanged on 22^nd June 1998.

           Under Article 30, 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 1999,

2.         in respect of other taxes on income and on capital, for taxable years or accounting periods beginning on or after 1st January 1999.