DT4177 - DT: Bulgaria: double taxation agreement, Article 28: 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 expiration of five years from the date of entry into force of the Convention. In such event, the Convention shall cease to have effect:

1. 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 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 1 April in the calendar year next following that in which the notice is given; and

2. in Bulgaria: in respect of income and capital gains arising for any tax year beginning on or after 1 January in the calendar year next following that in which the notice is given.