ARTICLE 28
Termination
This Agreement shall remain in force until terminated by a Contracting State. Either Contracting State may terminate the Agreement, through diplomatic channels, by giving notice of termination on at least six months before the end of any calendar year following after the period of five years from the date on which the Agreement enters into force.
In such event, the Agreement shall cease to have effect:
- (a) in respect of taxes withheld at the sources, to amounts of income derived on or after 1st day of January in the calendar year next following the year in which the notice has been give;
- (b) in respect of other taxes on income to such taxes chargeable for any taxable period beginning on or after 1st day of January in the calendar year next following the year in which the notice has been given.
DONE in duplicate at Islamabad the 27th day of May, 1999 corresponding date of 6/3/1378 Solar Hijra in the English and the Persian languages, all texts being equally authentic.
IN WITNESS WHEREOF, the undersigned, duly authorized thereto, by their respective Government, have signed this Agreement.
FOR THE GOVERNMENT OF THE ISLAMIC REPUBLIC OF PAKISTAN:
FOR THE GOVERNMENT OF THE ISLAMIC REPUBLIC OF IRAN: