Termination of tax convention triggers cessation of treaty effects for specified fiscal and accounting periods after notice. Either Contracting State may terminate the Convention after five years by diplomatic written notice given on or before the annual cutoff; termination affects, in the first State, income for a taxpayer's previous year beginning January first of the calendar year following notice, and, in the United Arab Republic, operates with staggered application dates for taxes on movable capital, wages and pensions, commercial and industrial profits by accounting period, and income from immovable property and related taxes for the calendar year following notice.
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 of tax convention triggers cessation of treaty effects for specified fiscal and accounting periods after notice.
Either Contracting State may terminate the Convention after five years by diplomatic written notice given on or before the annual cutoff; termination affects, in the first State, income for a taxpayer's previous year beginning January first of the calendar year following notice, and, in the United Arab Republic, operates with staggered application dates for taxes on movable capital, wages and pensions, commercial and industrial profits by accounting period, and income from immovable property and related taxes for the calendar year following notice.
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