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    <description>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&#039;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.</description>
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      <description>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&#039;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.</description>
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