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Article 29 - TERMINATION

U.S. Income Tax Treaty — Technical Explanation 1996 · 2026-10-03 edition · updated 2026-10-04 · United States

                      -97­

TURKEY 285

Supp. No. 6(1998)

   The Convention shall remain in force indefinitely unless
terminated by one of the Contracting States. Either State may
terminate the Convention at any time 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 taxes
withheld at the source for amounts paid or credited on or after
January 1 following the expiration of the six-month period, and

with respect to other taxes for taxable periods beginning on or after January 1 following the expiration of the six-month period.

Thus, for example, if notice of termination is given in July or
later of a calendar year, the termination will not be effective
as of the following January 1 but as of the second January 1
because the notice period must continue for at least six months.

Protocol

   The provisions of the Protocol are an integral part of the
Convention. Each has been described in the discussion of the
article to which it refers.

-98­

TURKEY 286

Supp. No. 6 (1998)

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