DT3479 - DT: Belgium: double taxation agreement SI 1987 No.2053, Article 30: Termination

(1) This Convention shall remain in force until denounced by a Contracting State. Either Contracting State may denounce the Convention, through the diplomatic channel, by giving notice of termination at least six months before the end of any calendar year after the expiration of 5 years from the date of its entry into force. In such event, the Convention shall cease to have effect;

(a) in the United Kingdom:

(i) in respect of income tax and capital gains tax, for any year of assessment beginning on or after 6 April;

(ii) in respect of corporation tax, for any financial year beginning on or after 1 April; and

(iii) in respect of petroleum revenue tax, for any chargeable period beginning on or after 1 January; in the calendar year next following that in which the notice is given.

(b) in Belgium:

(i) in respect of all tax due at source on income credited or payable on or after 1 January; and

(ii) in respect of all tax other than tax due at source on income of any chargeable period ending on or after 31 December; in the calendar year next following that in which the notice is given.

(2) The termination of this Convention shall not have the effect of reviving any treaty or arrangement abrogated by this Convention or by treaties previously concluded between the Contracting States.