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HMRC internal manual

Double Taxation Relief Manual

From
HM Revenue & Customs
Updated
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DT: Soviet Union: double taxation agreement, Article 27: Termination of the Convention

This Convention shall remain in force until terminated by one of the Contracting States.Either Contracting State may terminate the Convention through the diplomatic channel, bygiving written notice of termination at least six months before the end of any calendaryear beginning after the expiration of five years from the date of entry into force of theConvention. 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 the year of assessment beginning in the calendar year next following that in which the notice of termination is given and for subsequent years of assessment; and
(ii) in respect of corporation tax for the financial year beginning in the calendar year next following that in which the notice of termination is given and for subsequent financial years;
(b) in the USSR:
in respect of taxes assessed for the calendar year following that in which the notice of termination is given and for subsequent calendar years.