Note: This Treaty may be impacted by the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS (MLI). MLI impact on Tax Treaties is available with the Orbitax International Tax Research & Compliance Expert.
ARTICLE 29
Termination
This Convention shall remain in force until terminated by one of the Contracting States. Either Contracting State may terminate the Convention, through diplomatic channels, by giving notice of termination at least six months before the end of any calendar year following after the period of five years from the date on which the Convention enters into force. In such event, the Convention shall cease to have effect:
- (a) in respect of taxes withheld at source, to income paid or credited on or after the first day of January in the calendar year next following that in which the notice is given;
- (b) in respect of other taxes on income, and taxes on capital, to income or capital in any taxable periods beginning on or after the first day of January in the calendar year next following that in which the notice is given.
DONE in duplicate at Prague this seventeenth day of November 1995 in the Czech, Russian and English languages, all texts being equally authentic. In case there is any divergence of interpretation between the Czech and Russian texts, the English text shall be an operating one.