Treaty termination clause requires a diplomatic notice before cessation, postponing treaty cessation to subsequent tax years after notice. Article 30 allows either Contracting State to terminate the Convention after five years by giving written notice through diplomatic channels on or before ... Summary
Treaty termination clause requires a diplomatic notice before cessation, postponing treaty cessation to subsequent tax years after notice.
Article 30 allows either Contracting State to terminate the Convention after five years by giving written notice through diplomatic channels on or before 30 June of any calendar year; such notice causes the Convention to cease in the first State for income assessable for the assessment year commencing 1 April in the second calendar year following the calendar year of notice, and in the second State for income arising for the year of income next following the calendar year of notice, thereby linking termination to specified assessment and income year rules.
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