Termination of tax information exchange: diplomatic notice triggers delayed effectiveness, pending requests processed and information obligations survive. Either Contracting Party may terminate the Agreement after three years by written diplomatic notice; termination takes effect on the first day of the month after six months from receipt of notice. All requests received up to the effective date shall be dealt with under the Agreement. Notwithstanding termination, the Parties remain bound by Article 8 with respect to any information obtained under the Agreement.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Termination of tax information exchange: diplomatic notice triggers delayed effectiveness, pending requests processed and information obligations survive.
Either Contracting Party may terminate the Agreement after three years by written diplomatic notice; termination takes effect on the first day of the month after six months from receipt of notice. All requests received up to the effective date shall be dealt with under the Agreement. Notwithstanding termination, the Parties remain bound by Article 8 with respect to any information obtained under the Agreement.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.