Termination of tax treaty: diplomatic notice after minimum term triggers effect timed to fiscal and calendar years. Either Contracting State may terminate the double taxation agreement by diplomatic notice after a minimum five-year term; notice must be given at least six months before the end of a calendar year. Termination becomes effective for each State according to specified temporal rules: in one State for fiscal years beginning the first of April following the calendar year of notice; in the other State for withholding taxes from the first of January following the calendar year of notice and for other income taxes for fiscal years beginning on or after that January first.
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: diplomatic notice after minimum term triggers effect timed to fiscal and calendar years.
Either Contracting State may terminate the double taxation agreement by diplomatic notice after a minimum five-year term; notice must be given at least six months before the end of a calendar year. Termination becomes effective for each State according to specified temporal rules: in one State for fiscal years beginning the first of April following the calendar year of notice; in the other State for withholding taxes from the first of January following the calendar year of notice and for other income taxes for fiscal years beginning on or after that January first.
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