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Article 33 - TERMINATION - LUXEMBOURGExtract Article 33 TERMINATION This Agreement shall remain in force indefinitely until 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 beginning after the expiration of five years from the date of entry into force of the Agreement. In such event, the Agreement shall cease to have effect: (a) In India: i) in respect of taxes withheld at source, to income derived on or after 1 April of the calendar year next following the year in which the notice is given; ii) in respect of other taxes on income, and taxes on capital, to taxes chargeable for any taxable year beginning on or after 1 April of the calendar year next following the year in which the notice is given; and (b) In Luxembourg: i) in respect of taxes withheld at source, to income derived on or after 1 January of the calendar year next following the year in which the notice is given; ii) in respect of other taxes on income, and taxes on capital, to taxes chargeable for any taxable year beginning on or after 1 January of the calendar year next following the year in which the notice is given. IN WITNESS WHEREOF the undersigned, duly authorized thereto, have signed this Agreement. DONE in duplicate at New Delhi on this Second day of June 2008, each in the Hindi, French and English languages, all the texts being equally authentic. For the Government of theRepublic of India: For the Government of the Grand Duchy of Luxembourg: (R.S. Mathoda) Chairman Central Board of Direct Taxes (Marc Courte) Ambassador extraordinary and plenipotentiary PROTOCOL At the signing of the Agreement between the Government of the Republic of India and the Government of the Grand Duchy of Luxembourg for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to taxes on income and on capital, both sides have agreed upon the following provisions which shall be an integral part of the Agreement. Ad. Article 27 In respect of Article 27, it is understood that if after the signature of this Agreement under any Agreement or Convention or Protocol between Luxembourg and any other member of European Union, Luxembourg offers an arrangement for more favourable or effective arrangement of exchange of information, the same arrangement shall also apply for the purpose of Article 27. IN WITNESS WHEREOF the undersigned, duly authorized thereto, have signed this Protocol.. DONE in duplicate at New Delhi on this Second day of June 2008, each in the Hindi, French and English languages, all the texts being equally authentic. For the Government of theRepublic of India: For the Government of the Grand Duchy of Luxembourg: (R.S. Mathoda) Chairman Central Board of Direct Taxes (Marc Courte) Ambassador extraordinary and plenipotentiary
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