New Tax Treaty with China
The Netherlands and China have concluded a new tax treaty. The current tax treaty, from 1987, is now amended on certain points. It is expected that the new tax treaty will enter into force soonest on January 1, 2014. The most significant changes include amongst others lower dividend withholding taxes and amended treaty provisions for cross-border construction activities, cross-border international employment and pensions. Furthermore, the new treaty contains state of the art anti-abuse provisions and a provision covering the exchange of information between both states.
Want to know more?
Are you active in China? Then this new tax treaty may provide new opportunities for you. For more detailed information regarding the content of the attached flyer as well as potential changes and consequences for you, feel free to contact your international tax partner.