On 25 August 2015, officials from China and Taiwan signed an arrangement for the avoidance of double taxation following several rounds of negotiations that began in 2009. The agreement is the first of its kind between the two jurisdictions.
Taxes Covered
The agreement covers Chinese personal and corporate income tax, and Taiwan enterprise income tax, consolidated income tax and basic income tax.
Service PE
The agreement includes the provision that a permanent establishment will be deeme…