The new income tax treaty between China and Romania was signed on 4 July 2016. Once in force and effective, the new treaty will replace the 1991 income tax treaty between the two countries, which is currently in force.
Taxes Covered
The treaty covers Chinese individual income tax and enterprise income tax, and covers Romanian tax on income and tax on profit.
Service PE
The treaty includes the provision that a permanent establishment will be deemed constituted when an enterprise furnishe…