ARTICLE 30

Entry into Force

The Convention is subject to ratification. It enters into force one month after the exchange of instruments of ratification, which is to take place in Washington, D.C. The withholding rate reductions provided for in Articles 11 (Dividends), 12 (Interest), and 13 (Royalties) take effect with respect to dividends, interest and royalties paid or credited on or after the first day of the second month after the Convention enters into force. With respect to other taxes, the Convention takes effect with respect to taxable years beginning on or after January l of the year in which the Convention enters into force. The reference to calendar years as well as to taxable years was inserted at the request of Indonesia to clarify that the taxable year may differ from the calendar year.

The Convention was ratified by Indonesia on October 31, 1988.