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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 Agreement shall continue in effect indefinitely but either of the Contracting States may, on or before the Thirtieth day of June in any calendar year following the fifth calendar year in which it enters into force, give to the other Contracting State, through diplomatic channels, written notice of termination and, in such event, this Agreement shall cease to be effective in respect of income derived during any fiscal year following that in which the notice of termination is given.

DONE at Bonn this 22nd day of August 1994 in two originals, each in the German, Mongolian and English languages, all texts being authentic. In case of divergent interpretations of the German and Mongolian texts, the English text shall prevail.

FOR THE FEDERAL REPUBLIC OF GERMANY:

FOR MONGOLIA: