REVENUE MEMORANDUM CIRCULAR NO. 34-2018 issued on May 17, 2018 notifies all revenue officers, employees and others concerned that the Agreement between the Government of the Republic of the Philippines and the Government of the Democratic Socialist Republic of Sri Lanka for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income has entered into force on March 14, 2018. The Convention shall have effect on income that arises in the Philippines beginning January 1, 2019.

       Tax Treaty Relief Applications invoking the Philippines-Sri Lanka Double Taxation Agreement should be filed with and addressed to the International Tax Affairs Division at Room 811, Bureau of Internal Revenue, National Office Building, Diliman, Quezon City, Philippines. The concerned Sri Lankan resident and income earner, or an authorized representative of the latter should file a duly accomplished BIR Form 0901 (Application for Relief from Double Taxation) or Certificate of Residence for Tax Treaty Relief, whichever is applicable, together with the required documents, pursuant to Revenue Memorandum Order Nos. 72-2010 and 08-2017, respectively.