Termination clause: either state may give notice by mid-year, causing the treaty to cease for subsequent fiscal years. The Agreement permits either Contracting State to terminate the treaty by giving notice on or before the thirtieth day of June in any calendar year; upon such notice the Agreement ceases to apply prospectively to income arising in fiscal years beginning on or after the first fiscal year start date specified for each Contracting State, thereby tying cessation of treaty effects to each Party's fiscal year timing.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Termination clause: either state may give notice by mid-year, causing the treaty to cease for subsequent fiscal years.
The Agreement permits either Contracting State to terminate the treaty by giving notice on or before the thirtieth day of June in any calendar year; upon such notice the Agreement ceases to apply prospectively to income arising in fiscal years beginning on or after the first fiscal year start date specified for each Contracting State, thereby tying cessation of treaty effects to each Party's fiscal year timing.
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