Termination mechanism of tax treaty: diplomatic written notice triggers prospective cessation of treaty benefits by fiscal year. The text sets out the termination mechanism for the India-Singapore Double Taxation Avoidance Agreement: either State may terminate by written diplomatic ... Summary
Termination mechanism of tax treaty: diplomatic written notice triggers prospective cessation of treaty benefits by fiscal year.
The text sets out the termination mechanism for the India-Singapore Double Taxation Avoidance Agreement: either State may terminate by written diplomatic notice given on or before the thirtieth day of June in any calendar year after five years from entry into force; termination is prospective and takes effect in India from the fiscal year beginning on or after the following 1 April and in Singapore from the fiscal year beginning on or after the following 1 January.
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