Extensive clarifications to China’s international tax rules in context of new China France tax treaty

Extensive clarifications to China’s international...

China Tax Alert - Issue 4, March 2015  

curves modern glass building

On 4 March 2015 the Chinese State Administration of Taxation (SAT) issued interpretative guidance for the PRC-France double tax agreement (DTA), which entered into effect from 1 January 2015.  

The PRC-France DTA interpretative guidance is a significant document may be viewed as shedding light on the general application of China’s numerous DTAs in relation to a number of complex matters. It gives an insight on how China is putting the work of the G20/OECD Base Erosion and Profit Shifting (BEPS) project into effect as well as providing guidance on the DTA treatment of transparent entities such as partnerships and collective investment vehicles (CIVs) and clarifying the use of China’s anti-treaty shopping rules.

© 2022 KPMG Huazhen LLP, a People's Republic of China partnership, KPMG Advisory (China) Limited, a limited liability company in Mainland China, KPMG, a Macau (SAR) partnership, and KPMG, a Hong Kong (SAR) partnership, are member firms of the KPMG global organisation of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.

The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organisation.

For more detail about the structure of the KPMG global organisation please visit https://home.kpmg/governance.


Connect with us