ARTICLE 30
Duration and Termination
This Agreement shall remain in force until it is terminated by a Contracting State. Either Contracting State may terminate the Agreement, through diplomatic channels, by giving notice of termination at least six months before the end of any calendar year following the period of five years from the date on which the Agreement enters into force. In such event, this Agreement shall cease to have effect in both Contracting States:
- (a) in the Islamic Republic of Iran in respect of taxes on income arising, or capital owned, in any fiscal year beginning on or after 1st day of Farvardin (in the State of Kuwait equal to 21 March) next following the calendar year in which the notice was given;
- (b) in the State of Kuwait in respect of taxes on income arising, or capital owned, in any fiscal year beginning on or after 1 January (in the Islamic Republic of Iran equal to 11 Dey) next following the calendar year in which the notice was given.
IN WITNESS WHEREOF, the undersigned, duly authorized thereto, by their respective Governments, have signed this Agreement.
DONE in duplicate in Tehran, this twenty-sixth day of Dey 1386 Solar Hijra (7 Muharram 1429 A.H.), corresponding to the sixteenth day of January 2008, in two originals, in the Persian, Arabic and English languages, all texts being equally authentic. In case of divergence, the English text shall prevail.
FOR THE GOVERNMENT OF THE ISLAMIC REPUBLIC OF IRAN:
DR. MANUCHEHR MOTTAKI
MINISTER FOR FOREIGN AFFAIRS
FOR THE GOVERNMENT OF THE STATE OF KUWAIT:
MOHAMMAD SABAH AL-SALEM AL-SABAH
DEPUTY PRIME MINISTER & MINISTER OF FOREIGN AFFAIRS