Article XXIV, The Income Tax (Deductions Citation

1. The present Convention shall be ratified by the High Contracting Parties. Ratification by His Majesty the King of Sweden shall be subject to the consent of the Riksdag. 2. The instruments of ratification shall be exchanged at Stockholm as soon as possible. · 3. Upon exchange of ratifications the present Convention shall have (a) In Sweden: as respects tax on income which is assessed in or after the calendar year beginning on 1st January, 1950, being income for which preliminary tax is payable during the period 1st March, 1949, to 28th February, 1950; or any succeeding period; as respects coupon tax payable on or after 1st January, 1949; as respects capital tax which is assessed in or after the calendar year beginning on 1st January, 1950. (b) In the United Kingdom: as respects income tax for any year of assessment beginning on or after 6th April, 1949; as respects surtax for any year of assessment beginning on or after 6th April, 1948; and beginning on or after 1st April, 1949; (iii) profits not so arising or attributable by reference to which income tax is, or but for the present Convention would be, chargeable for any year of assessment beginning on or after 6th April, 1949.