China Tax News

Draft of new enterprise income tax law

15 January 2007

Protocol to treaty between China (People's Rep.) and Mauritius – details

12 November 2006

Amendment to treaty between China (People's Rep.) and Canada

14 October 2006

Protocol to treaty between China (People's Rep.) and Mauritius signed

14 October 2006

Ruling on permanent establishments and profit allocation

12 September 2006

New income tax arrangement between China and Hong Kong signed

12 September 2006

Tax incentives for new economic zone in Tianjin

11 July 2006

Second protocol to treaty between China and South Korea signed

14 May 2006

Treaty between Czech Republic and China (People's Rep.) initialled

14 May 2006

Permanent establishment – treaty definition clarified

9 April 2006

New enterprise income tax proposal submitted to legislative committee

9 April 2006

On 8 December 2005 China (People's Rep.) and the Czech Republic agreed to conclude a new tax treaty as soon as possible. The new treaty would replace the China-Czechoslovakia treaty of 11 June 1987, which currently applies to relations between China and the Czech Republic.

1 January 2006

The first-time income tax treaty between Greece and China, signed on 3 June 2002, entered into force on 11 November 2005. The treaty generally applies from 1 January 2006.

6 December 2005

China (People's Rep.) and Mexico signed a first-time tax treaty on 12 September 2005. Further details of the treaty will be reported subsequently.

16 October 2005

Hong Kong has announced that, beginning on 5 September 2005, negotiations will take place with China (People's Rep.) to expand and update the China- Hong Kong income tax treaty of 11 February 1998.

3 August 2005

Entry into force on 23 December 2004, effective as from 1 January 2005

19 January 2005