Article 29 - ENTRY INTO FORCE
U.S. Income Tax Treaty — Sweden Technical Explanation – 1994 · 2026-10-03 edition · updated 2026-10-04 · United States
The Convention is subject to ratification. Instruments of ratification will be exchanged at Washington, D.C.
The Convention enters into force on the date on which the instruments of ratification are exchanged. Its provisions with respect to United States withholding taxes will have effect for amounts paid or credited on or after January 1 following the date on which the Convention enters into force. With respect to other United States taxes, the provisions will have effect for taxable years beginning on or after that same date. The Convention's provisions with respect to Swedish taxes on income will have effect for income derived on or after January 1 of the year following the year that the Convention enters into force. With respect to Swedish capital taxes, the provisions will have effect for taxes assessed in or after the second calendar year following the year the Convention enters into force. Thus, for example, if instruments of ratification are exchanged in July 1995, the provisions of the Convention will take effect as of January 1, 1996 for United States withholding taxes, for taxable years beginning on or after January 1, 1996 for other United States taxes, January 1, 1996 for Swedish taxes on income, and for taxable years taxes assessed in or after January 1, 1997 for Swedish capital taxes.
The coming into effect of the Convention will terminate the Convention of March 23, 1939, and the Supplementary Convention of October 22, 1963. The provisions of the Prior Convention will cease to have effect when the comparable provisions of the Convention become effective. The 1939 Convention will be applied to Swedish capital taxes until the first year after the year in which the Convention enters into force.
- **`58`**
Article 30 - TERMINATION
The Convention shall remain in force indefinitely unless terminated by one of the Contracting States. Either State may terminate the Convention after five years from the date on which it enters into force by giving at least six months prior notice through diplomatic channels. In that event, the Convention will cease to have effect with respect to United States taxes withheld at the source for amounts paid or credited on or after January 1 following the expiration of the six-month period, with respect to other United States taxes for taxable periods beginning on or after January 1 following the expiration of the six-month period, with respect to Swedish taxes on income for income derived on or after January 1 following the expiration of the six-month period, and with respect to Swedish capital taxes for taxes assessed in or after the second calendar year following the expiration of the sixmonth period.
- **`59`**
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