The mutual agreement between China and Portugal concerning the interest tax exemption provided under para 3 of Article 11 (Interest) of the 1998 China-Portugal income tax treaty entered into force on 7 May 2017 and generally applies from 1 June 2017. The agreement, signed 7 April 2017, provides that the following institutions are considered within the scope of the exemption with respect to China: the National Council for Social Security Fund; the China Investment Corporation; the China Export & Credit Insurance Corporation; and the China Development Bank. With respect to Portugal, the Central Bank of Portugal (Banco de Portugal) is...