China And Czech Republic To Complete Double Taxation Avoidance Agreement

by Ulrika Lomas, Tax-News.com, Brussels

12 December 2005

China and the Czech Republic have agreed to complete the final text of a bilateral double taxation avoidance agreement and fiscal evasion treaty.

The tax agreement forms part of a wider declaration between the two countries aimed at developing diplomatic relations and promoting trade and investment, which was signed by Chinese Premier Wen Jiabao and his Czech counterpart, Jiri Paroubek in Prague last week.

"The two countries agreed to develop good relations within the framework of the China-European Union comprehensive strategic partnership and on the basis of the 1999 (Sino-Czech) joint communique," the nine-point declaration stated.

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