ARTICLE 29
Termination
This Agreement shall remain in force until it is terminated by one of the Contracting States. 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, the Agreement shall cease to have effect:
- (a) in respect of taxes withheld at source, to amounts of income derived on or after thirtieth day following the day in which the notice of termination is given;
- (b) in respect of other taxes, subject to this Agreement:
- (i) in the Republic of Uzbekistan, to such taxes chargeable for any taxable year beginning on or after 1st January corresponding to 11th Day Solar Hijra in the calendar year next following the year in which the notice of termination is given;
- (ii) in the Islamic Republic of Iran, to such taxes chargeable for any taxable year beginning on or after 21st March corresponding to 1st Farvardin Solar Hijra in the calendar year next following the year in which the notice of termination is given.
IN WITNESS WHEREOF, the undersigned, duly authorised thereto by their respective Governments have signed this Agreement.
DONE in duplicate in Tashkent on 26 April, 2002, corresponding to 6 Ordibehesht, 1381 Solar Hijra in the Uzbek, Persian and English languages, all texts being equally authentic.
In case of any divergence of interpretation English text shall be prevail.
FOR THE GOVERNMENT OF THE REPUBLIC OF UZBEKISTAN:
FOR THE GOVERNMENT OF THE ISLAMIC REPUBLIC OF IRAN: