Direct Tax Avoidance Agreements

Tanzania

Article 32 : TERMINATION –

     This Agreement shall remain in force indefinitely until terminated by a Contracting State. Either Contracting State may terminate the Agreement, 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 Agreement. In such event, the Agreement shall cease to have effect:

           (a)  In India, in respect of income derived in any year of income on or after the first day of April next following the calendar year in which the notice is given;

           (b)  In Tanzania, in respect of income derived in any year of income on or after the 1st day of January next following the calendar year in which such notice is given.

IN WITNESS WHEREOF the undersigned, duly authorized thereto, have signed this Agreement.

DONE in duplicate at Dar es Salaam this 27th day of May, 2011, each, in the Hindi and English languages, both texts being equally authentic. In case of divergence of interpretation, the English text shall prevail.