Notice of the Implementation of Royalty Provisions in Tax Treaty

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In order to facilitate the avoidance of double taxation relating to the implementation of tax provisions, the State Administration of Taxation recently issued the "Notice of the implementation of royalty provisions in tax treaty "(the notice), which will come into effect on October 1st, according to agreements of avoiding the double taxation between China and foreign countries.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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