Termination clause permits either state to end the tax treaty with six months' notice, effective from the next April. The Agreement remains in force indefinitely but either Contracting State may terminate it by diplomatic notice after five years, provided notice is given ... Summary
Termination clause permits either state to end the tax treaty with six months' notice, effective from the next April.
The Agreement remains in force indefinitely but either Contracting State may terminate it by diplomatic notice after five years, provided notice is given at least six months before the end of a calendar year; the Agreement then ceases to apply, in each State, to income derived in fiscal or taxable years beginning on or after the first day of April following the calendar year in which notice is given.
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