Termination clause in tax treaty permits either party to end the agreement after the initial term with a subsequent notice period. Termination permits either Contracting Party, after the Agreement has been in force for the initial term, to serve written notice via diplomatic channels; ... Summary
Termination clause in tax treaty permits either party to end the agreement after the initial term with a subsequent notice period.
Termination permits either Contracting Party, after the Agreement has been in force for the initial term, to serve written notice via diplomatic channels; termination takes effect on the first day of the month following the expiry of the notice period measured from receipt, and all requests received up to the effective date are governed by the Agreement. The instrument contains a language supremacy clause providing that the English text prevails in case of divergent interpretation.
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