Page:United States Statutes at Large Volume 54 Part 2.djvu/543

 54 STAT.] SWEDEN-DOUBLE TAXATION-MAR. 23, 1939 or, if the shareholder is a corpora- tion or other entity, in the con- tracting State in which such cor- poration or other entity is created or organized; provided, however, that each contracting State re- serves the right to collect and re- tain (subject to applicable pro- visions of its revenue laws) the taxes which, under its revenue laws, are deductible at the source, but not in excess of 10 per centum of the amount of such dividends. For the purposes of this Article the National income and property tax imposed by Sweden shall be deemed to be a tax deducted at the source. 2. Notwithstanding the provi- sions of Article XXII of this Con- vention, the provisions of this Article may be terminated by either of the contracting States at the end of two years from the date upon which this Convention enters into force or at any time thereafter, provided at least six months' prior notice of termina- tion is given, such termination to become effective on the first day of January following the expira- tion of such six-month period. In the event the provisions of this Article are terminated, the pro- visions of- (1) Article XIII (2), in so far as they relate to the special property tax imposed by Swe- den upon shares in a corpora- tion; (2) Article XIV (b) (2), relat- ing to the allowance of an addi- tional deduction from taxes on dividends; and (3) Article XVI, in so far as they relate to exchange of infor- mation with respect to divi- dends, will likewise terminate. utdelningen bor eller, om den som uppbar utdelningen ir ett bolag eller annan juridisk person, i den av de avtalslutande staterna dar bolaget eller den juridiska personen bildats eller organiserats. En var av de avtalslutande sta- terna f6rbehhller sig likval ratten att, i den man dess skattelag- stiftning sA foreskriver, uttaga och innehalla skatt som enligt dess egen skattelagstiftning avdrages vid kallan, dock ej mer an 10 procent av utdelningens belopp. Vid tillampning av denna artikel skall statlig inkomst- och formo- genhetsskatt i Sverige anses ut- gora en skatt avdragen vid killan. (2) Oavsett vad i artikel XXII av detta avtal stadgas, kunna bestimnmelserna i denna artikel av endera av de avtalslutande staterna uppsagas att upphora tva ar efter avtalets ikrafttra- dande eller vid senare tidpunkt, forutsatt att en uppsigningstid av minst sex m&nader iakttagits, och skall avtalet upph6ra att tillampas den 1 januari efter ut- gangen av dylik uppsagningstid. I sAdant fall skola jamval f6- ljande bestammelser upph6ra att galla, nafmligen: (1) f6reskrifterna i artikel XIII (2) i s/vitt dessa avse i Sverige utg&ende sarskild skatt a form6genhet best&ende av aktier; (2) f6reskrifterna i artikel XIV (b) (2), innefattande med- givande av ett tillaggsavdrag frAn skatten / utdelningar; samt (3) f6reskrifterna i artikel XVI, s/vitt desamma avse ut- byte av upplysningar betraf- fande utdelningar. 1763 Exception; taxes deductible at source. Limitation. Termination. Pot, p. 1773. Effect of termina- tion. Fwtop. 176.

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