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India - Sweden Tax Treaty (as amended by 2013 protocol) — Orbitax Tax Hub

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 31

Termination

This Convention shall remain in force until terminated by a Contracting State. Either Contracting State may terminate the Convention, through diplomatic channels, by giving written notice of termination at least six months before the end of any calendar year. In such case, the Convention shall cease to have effect:

  • (a) in India:
    • (i) in respect of income arising in any fiscal year beginning on or after the first day of April following the calendar year in which the notice of termination is given;
    • (ii) in respect of capital which is held on the last day of any fiscal year beginning on or after the first day of April following the calendar year in which the notice of termination is given;
  • (b) in Sweden:
    • (i) in respect of taxes on income, on income derived on or after the first day of January of the year next following the end of the six months' period;
    • (ii) in respect of tax on net wealth, for tax which is assessed in or after the second calendar year following the end of the six months' period.

IN WITNESS WHEREOF, the undersigned being duly authorised thereto have signed this Convention.

DONE in duplicate at New Delhi, this 24th day of June, 1997, in the Swedish, Hindi and English languages, all three texts being equally authentic. In case of divergence between the texts the English text shall be the operative one.