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 ... Summary
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.
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