Pakistan (tax/treaty)

TERMINATION This Convention shall remain in force for five years, after that it shall remain in force indefinitely unless either Contracting State terminates it through diplomatic channels by giving a written notice six months before the end of the calendar year. In such event, the Convention shall cease to have effect: a. in case of Saudi Arabia: i. with regard to taxes withheld at source, in respect of amounts paid or credited on or after the first day of January next following the calendar year in which the written notice of termination is given; and ii. with regard to other taxes, in respect of taxable years beginning on or after the first day of January next following the calendar year in which the written notice of termination is given; b. in case of Pakistan: i. with regard to taxes withheld at source, in respect of amounts paid or credited on or after the first day of July next following the calendar year in which the written notice of termination is given; ii. with regard to other taxes, in respect of taxable years beginning on or after the first day of July next following the calendar year in which written notice of termination is given; IN WITNESS WHEREOF the undersigned, being duly authorized thereto, have signed this Convention. Done in duplicate at Islamabad this 2nd day of February, 2006 corresponding to 3rd Muharram, 1427[H] in the Arabic & English languages both the texts being equally authentic.