China-Italy New Tax Treaty 30 Jul

We are pleased to inform you about the webinar “China-Italy New Tax Treaty” organized by RsA Asia, Global EBA and the Asia Economic Cultural Council, which will be held via Zoom on July 30.

Tax treaties and double tax agreements are an excellent tool to boost and strengthen the bilateral economic relationship and promote cross-border investments. Currently, thousands of tax treaties and arrangements are in force worldwide.

China has signed 104 double taxation agreements and 16 free trade agreements. International Taxation focuses on the complexity of multi-jurisdiction regulations and different tax systems, gaining new opportunities from International Taxation knowledge and transfer pricing. The webinar will address main issues in international tax trends with a specific focus on double tax conventions and the new China-Italy tax treaty.

The new China-Italy tax treaty introduces significant improvements over the 1986 agreement. It reduces the withholding tax on dividends from 10 to 5 per cent for qualifying participations (minimum 25 per cent equity), cuts the rate on interest to 8 per cent for certain long-term investment loans, and grants exemptions for payments involving public institutions. Royalties on industrial, commercial, or scientific equipment also benefit from a reduced 5 per cent rate. These measures are expected to support investment flows and align with updated international standards.

To register click the following link.

When

July 30, 18:00 China Time, 12:00 Italy Time

Where

Zoom

RsA Asia promotes participation in events on doing business in the Far East region, focusing on China, Asia-Pacific, and the ASEAN countries. RsA Asia is available for one-to-one meetings on the topic of your interest related to Asian and international business projects. To organize a meeting, kindly send an email to info@rsa-tax.com to schedule an appointment