Termination of tax treaty: diplomatic notice ends the convention, with a transition period before taxation changes. Either Contracting State may terminate the tax convention by giving notice through diplomatic channels and the Convention terminates on the date of that ... Summary
Termination of tax treaty: diplomatic notice ends the convention, with a transition period before taxation changes.
Either Contracting State may terminate the tax convention by giving notice through diplomatic channels and the Convention terminates on the date of that notification. The Convention provides a transition period after notice: withholding tax rules cease to apply only for amounts paid or credited after the expiry of the transition period, while other taxes are affected for taxable years beginning on or after the expiry of that period.
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