Termination of tax treaty requires advance diplomatic notice and sets distinct future effective dates for withholding and income taxes. Termination requires diplomatic notice by either Contracting State after an initial waiting period, with the Agreement ceasing to apply in a staged manner: one State distinguishes cessation between taxes withheld at source and taxes on income for future payments and fiscal years, while the other distinguishes between tax withheld at source and other taxes for future payments and years of assessment; execution formalities and an English text precedence rule are recorded.
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 treaty requires advance diplomatic notice and sets distinct future effective dates for withholding and income taxes.
Termination requires diplomatic notice by either Contracting State after an initial waiting period, with the Agreement ceasing to apply in a staged manner: one State distinguishes cessation between taxes withheld at source and taxes on income for future payments and fiscal years, while the other distinguishes between tax withheld at source and other taxes for future payments and years of assessment; execution formalities and an English text precedence rule are recorded.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
