Document ID: chunk:federal_register_of_legislation:C2004A02224:body:0:p9
Version: federal_register_of_legislation:C2004A02224
Segment Type: other
Provision Reference: 
Character Range: 19521–22357

income of a private company;
     (b) in the Philippines:
     the income taxes imposed by the Government of the Republic of the Philippines.
(2) This Agreement shall also apply to any identical or substantially similar taxes which are imposed by either Contracting State after the date of signature of this Agreement in addition to, or in place of, the existing taxes. At the end of each calendar year, the competent authority of each Contracting State shall notify the competent authority of the other Contracting State of any substantial changes which have been made in the laws of his State relating to the taxes to which this Agreement applies.
Chapter II
DEFINITIONS
ARTICLE 3
General Definitions
(1) In this Agreement, unless the context otherwise requires—
     (a) the term "Australia" means the Commonwealth of Australia and, when used in a geographical sense, includes—
          (i) the Territory of Norfolk Island;
          (ii) the Territory of Christmas Island;
SCHEDULE 14—continued
          (iii) the Territory of Cocos (Keeling) Islands;
          (iv) the Territory of Ashmore and Cartier Islands;
          (v) the Coral Sea Islands Territory; and
          (vi) any area adjacent to the territorial limits of Australia or of the said Territories in respect of which there is for the time being in force a law of Australia or of a State or part of Australia or of a Territory aforesaid dealing with the exploitation of any of the natural resources of the sea-bed and subsoil of the continental shelf;
     (b) the term "Philippines" means the Republic of the Philippines and when used in a geographical sense means the national territory comprising the Republic of the Philippines;
     (c) the terms "Contracting State", "one of the Contracting States" and "other Contracting State" mean Australia or the Philippines, as the context requires;
     (d) the term "person" means an individual, an estate, a trust, a company and any other body of persons;
     (e) the term "company" means any body corporate or any entity which is treated as a company or a body corporate for tax purposes;
     (f) the terms "enterprise of one of the Contracting States" and "enterprise of the other Contracting State" mean an enterprise carried on by a resident of Australia or an enterprise carried on by a resident of the Philippines, as the context requires;
     (g) the term "tax" means Australian tax or Philippine tax, as the context requires;
     (h) the term "Australian tax" means tax imposed by Australia, being tax to which this Agreement applies by virtue of Article 2;
     (i) the term "Philippine tax" means tax imposed by the Philippines, being tax to which this Agreement applies by virtue of Article 2;
     (j) the term "competent authority" means, in the case of Australia, the Commissioner of Taxation or his