Home Acts & Rules DTAA Agreements Kyrgyz Republic This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
Article 30 - Termination - Kyrgyz RepublicExtract Article 30 : Termination - This Agreement shall remain in force until terminated by one of the Contracting States. Either Contracting State may terminate the Agreement, through diplomatic channels, by giving written notice of termination at least six months before the end of any calendar year 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, in respect of income arising in any previous year on or after the first day of April next following the calendar year in which the notice of termination is given; and (b) in Kyrgyzstan : (i) in respect of taxes withheld at source, in relation to taxable amount paid on or after the first day of January following the calendar year in which the notice of termination is given; (ii) in respect of other Kyrgyz taxes in relation to profits and income arising in the calendar year following the calendar year in which the notice of termination is given and in subsequent calendar years. In witness whereof, the undersigned, being duly authorized thereto, have signed this Agreement. Done in duplicate at New Delhi, this thirteenth day of April, 1999, in Hindi, Kyrgyz, Russian and English languages, all four texts being equally authentic. In case of divergence between the texts, the English text shall prevail. Protocol At the signing of the Agreement between the Government of the Republic of India and the Government of the Kyrgyz Republic for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and on capital, the undersigned have agreed that the following shall form an integral part of the Agreement. 1. With reference to Article 6 it is understood that income from immovable property may be taxed in both the Contracting States. 2. With reference to Article 11 paragraph 3(i) it is understood that Government in the case of India shall include a political sub-division. 3. With reference to Article 11 paragraph 6 and Article 12 paragraph 5 it is understood that in the case of India interest, royalties or fees for technical services shall be deemed to arise in a Contracting State if the payer is a political sub-division of that State. In witness whereof, the undersigned, being duly authorized thereto, have signed this Protocol. Done in duplicate at New Delhi, this thirteenth day of April, 1999, in Hindi, Kyrgyz, Russian and English languages, all four texts being equally authentic. In case of divergence between the texts, the English text shall prevail.
|