Termination of tax treaty requires diplomatic notice after initial term, with phased cessation of treaty benefits following specified calendar timing. Article 30 prescribes the termination procedure for the Double Taxation Convention: either Contracting State may terminate by diplomatic notice given at ... Summary
Termination of tax treaty requires diplomatic notice after initial term, with phased cessation of treaty benefits following specified calendar timing.
Article 30 prescribes the termination procedure for the Double Taxation Convention: either Contracting State may terminate by diplomatic notice given at least six months before year-end after the Convention has been in force five years. It delineates the dates on which treaty benefits cease - distinguishing withholding taxes and other income or capital taxes for Finland, and assessment-year timing for the other State - and records the Convention's execution in multiple languages with the English text prevailing in case of divergence.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.