According to a recent update to the treaty status table of Romania's National Agency for Fiscal Administration, the new income tax treaty between China and Romania entered into force on 17 June 2017. The treaty, signed 4 July 2016, replaces the 1991 income tax treaty between the two countries.
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 pe…