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ARTICLE 32
Termination
This Convention shall remain in force until terminated by a Contracting State. Either Contracting State may terminate the Convention through diplomatic channels from the fifth year after the year of entry into force, by giving notice of termination at least six months before the end of any calendar year. In such event, the Convention shall have its final application to:
- (a) taxes levied by withholding on items of income payable by 31 December of the year of termination;
- (b) other taxes on income and on capital levied for assessment periods ending on or before 31 December of the above-mentioned year.
IN WITNESS WHEREOF, the authorized representatives of both States have signed this Convention.
DONE at Bonn on 18th October 1989 in duplicate, in the German and the Italian languages, both texts being equally authentic.
FOR THE FEDERAL REPUBLIC OF GERMANY:
DR. HANS WERNER LAUTENSCHLAGER
DR. THEO WAIGEL
FOR THE ITALIAN REPUBLIC:
RINO FORMICA