Details of the official clarification by the Russian Ministry of Finance, dated 6 June 2008, regarding territorial application of the income tax treaty and related protocol between Russia and China (Peoples Rep.) have become available. In accordance with the Art. 3 of the treaty the term "China" means the People's Republic of China and when used in geographical sense, means the whole territory of the People's Republic of China, including its territorial sea, in which the laws relating to Chinese tax apply. Based on that provision the Ministry, as the competent authority in terms of the treaty, officially informed that...