The Swedish government has announced the signing of a amending protocol to the 1986 income tax treaty with China on 5 June 2017. The protocol is the second to amend the treaty and provides for an exemption from value added tax for enterprises engaged in the operation of aircraft or ships in international traffic. The exemption is the result of regulatory changes in China and currently concerns only tax levied in China. The protocol will enter into force 30 days after the ratification instrum…