Treaty between Taiwan and Paraguay signed and enters into force

The income tax treaty, signed on 28 April 1994 and the supplementary agreement in the form of an exchange of notes of 3 March 2008 and 6 March 2008 between Taiwan and Paraguay, entered into force on 3 June 2010. The treaty and the supplementary agreement generally apply from 1 July 2010 for withholding taxes and from 1 January 2011 for other taxes.