Termination of tax treaty permits either state to give written notice; treaty then ceases to affect future taxable periods. Either Contracting State may give written notice of termination through diplomatic channels after the initial period; the clause prescribes distinct ... Summary
Termination of tax treaty permits either state to give written notice; treaty then ceases to affect future taxable periods.
Either Contracting State may give written notice of termination through diplomatic channels after the initial period; the clause prescribes distinct effective dates for cessation of treaty application for each State tied to the next relevant tax year after the calendar year in which notice is given, and the Agreement's multiple authentic language texts include a declared prevailing text for resolving divergence.
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