background image
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 32

Termination

(1) This Convention shall remain in force for an indefinite period of time.

(2) Each Contracting State may terminate the Convention by giving a notice, in writing, through diplomatic channels, up to the 30th day of June of any year following a period of five calendar years after the date of entry into force of this Convention.

(3) In case of termination, the Convention shall cease to have effect:

  • (a) In Senegal:
    • (i) in respect of taxes levied by deduction at source, to amounts paid on or after the 1st day of January of the calendar year following the year of the notification of termination of this Convention; and
    • (ii) in respect of other taxes on income, to income accrued during any calendar year or financial year beginning on the 1st day of January of the year following the year of the notification of termination of this Convention or thereafter ;
  • (b) In Portugal:
    • (i) in respect of taxes withheld at source, when the chargeable event occurs from the 1st day of January of the calendar year following the year of the notification of termination of this Convention;
    • (ii) in respect of other taxes, on income pertaining to the taxable period beginning on the 1st day of January of the calendar year following the year of the notification of termination of this Convention.

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

DONE, in duplicate in Lisbon, on the 13th day of June of the year 2014, in the Portuguese and French languages, both texts being equally authentic.

FOR THE PORTUGUESE REPUBLIC:

PAULO PORTAS

FOR THE REPUBLIC OF SENEGAL:

MANKEUR NDIAYE