Moscow, Bejing amend agreement to prevent double taxation

The Russian government has approved a protocol to change an agreement between Russia and China on avoiding double taxation.

The Russian government has approved a protocol to change an agreement between Russia and China on avoiding double taxation, the government said in a statement on its website Wednesday.

"The purpose of the protocol is to offer tax exemption of a taxable body in one party of the agreement, on interest on a loan offered by a bank in the other party to the agreement," the statement says.

 

Read more: New gas contract with China could be signed on May 9>>>

All rights reserved by Rossiyskaya Gazeta.

More exciting stories and videos on Russia Beyond's Facebook page

This website uses cookies. Click here to find out more.

Accept cookies