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Malaysia - Senegal Tax Treaty (2010, not yet in force) — 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 29

Termination

This Agreement shall remain in effect indefinitely, but either Contracting State may terminate this Agreement, through diplomatic channel, by giving to the other Contracting State written notice of termination on or before 30 June in any calendar year after the period of five years from the date on which this Agreement enters into force. In such an event this Agreement shall cease to have effect:

  • (a) in Malaysia:
    • (i) in respect of Malaysian tax, other than petroleum income tax, to tax chargeable for any year of assessment beginning on or after 1 January in the calendar year following the year in which the notice is given;
    • (ii) in respect of petroleum income tax, to tax chargeable for any year of assessment beginning on or after 1 January of the second calendar year following the year in which the notice is given.
  • (b) in Senegal:
    • (i) in respect of the tax withheld at source on income received on 1 January or after, of the calendar year which follows the year in which the notification of termination is issued;
    • (ii) in respect of the other income taxes, for the entire tax year beginning on 1 January or after, of the calendar year which follows the year in which the notification of termination is issued.

IN WITNESS WHEREOF, the undersigned, duly authorised thereto, by their respective Governments, have signed this Agreement.

DONE in duplicate at Dakar, this seventeenth day of February 2010, each in the Malay, French and English languages, all three texts being equally authentic.

FOR THE GOVERNMENT OF MALAYSIA:

FOR THE GOVERNMENT OF THE REPUBLIC OF SENEGAL: