DT3660.29 - DT: Bolivia: double taxation agreement, SI 95 No.2707, Article 29: Termination
This Convention shall remain in force until terminated by one of the Contracting States. Either Contracting State may terminate the Convention, through diplomatic channels, by giving notice of termination at least six months before the end of any calendar year beginning after the expiry of five years from the date of entry into force of the Convention. In such event, the Convention shall cease to have effect:
- in the United Kingdom:
i) in respect of income tax and capital gains tax, for any year of assessment beginning on or after 6th April in the calendar year next following that in which the notice is given;
ii) in respect of corporation tax, for any financial year beginning on or after 1st April in the calendar year next following that in which the notice is given;
- in Bolivia:
i) in respect of taxes imposed for annual periods, for any periods which end after the calendar year next following that in which the notice is given;
ii) in respect of other taxes , on 31st December in the calendar year next following that in which the notice is given.
