Termination clause permits either Contracting State to give annual notice, causing the treaty to cease for subsequent fiscal years. The treaty continues indefinitely but either Contracting State may give notice of termination within the specified annual window after the initial period; ... Summary
Termination clause permits either Contracting State to give annual notice, causing the treaty to cease for subsequent fiscal years.
The treaty continues indefinitely but either Contracting State may give notice of termination within the specified annual window after the initial period; on such notice the Agreement ceases to apply to income arising in fiscal years commencing on or after the first day of January following the calendar year in which the notice is given.
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