Article 29 Statement
Article 29
Statement
This Agreement shall remain in force until terminated by one of the Contracting States. Any Contracting State may terminate the Contract in writing through diplomatic channels at least six months before the end of each calendar year following the expiration of five years from the date of entry into force of this Treaty. In this case, the Convention shall cease to apply:
a) in respect of taxes withheld at source on income paid or credited on 1 January or later in the calendar year following the year in which the notice is given;
b) in respect of other taxes on income and property taxes, to income or capital in each tax year beginning on 1 January or later in the calendar year following the year in which the notice is given.
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