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Treaty termination requires advance written notice and creates staggered cessation of withholding and other tax provisions. Termination is effected by written diplomatic notice given at least six months before year-end after five years of entry into force; the notice triggers staggered cessation: in India the Agreement ceases for income arising on or after the first April following the calendar year of notice, while in Kyrgyzstan withholding tax rules cease for amounts paid on or after the first January following that calendar year and other taxes cease for profits and income arising in the calendar year following the calendar year of notice and thereafter.
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Treaty termination requires advance written notice and creates staggered cessation of withholding and other tax provisions.
Termination is effected by written diplomatic notice given at least six months before year-end after five years of entry into force; the notice triggers staggered cessation: in India the Agreement ceases for income arising on or after the first April following the calendar year of notice, while in Kyrgyzstan withholding tax rules cease for amounts paid on or after the first January following that calendar year and other taxes cease for profits and income arising in the calendar year following the calendar year of notice and thereafter.
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