The protocol to the 1986 income tax treaty between China and Sweden entered into force on 4 April 2018. The protocol, signed 5 June 2017, is the second to amend the treaty and includes a provision for a tax exemption on revenue derived by enterprises engaged in the operation of aircraft or ships in international traffic, as well as the provisions that Sweden is not obligated to provide an exemption from value added tax that is contrary to EU law and that any such exemption limitation may be a…