The new double taxation agreement between Spain and China has also entered into force in China
Spain - China Tax Alert
The new double taxation agreement between Spain and China has now also completed the internal legislative procedure in China, and, thus, has entered into force, according to Announcement (2021) No. 16, which was issued by the State Administration of Taxation (SAT) on June 21, 2021 and made public later.
The agreement is effective from May 2, 2021 and becomes applicable:
since January 1, 2022 in respect of taxes not withheld at source; and
since May 2, 2021 in all other cases.
We would also like to draw your attention to the SAT official interpretation (in Chinese) of the new double taxation agreement. It is published on SAT website and could be accessed via link: http://www.chinatax.gov.cn/chinatax/n810341/n810760/c5165842/content.html. You could also refer to our earlier alert (in Chinese, English and Spanish) below for detailed comparison between the new and the previous double taxation agreements: