The French Council of Minister approved the Agreement between the Government of the French Republic and the Government of the People’s Republic of China for the Avoidance of Double Taxation and prevention of avoidance and evasion with respect to taxes on income, on October 8, 2014.
The agreement was signed in Beijing on November 26, 2013, and it will replace the French-Chinese tax treaty of 30 May 1984 in force. It will in particular, to reduce partially the taxes at source, to insert specific provisions relating to income going through some entities, and to remove the device from the standard tax credits.
This agreement is consistent with the Model Tax Convention of the Organisation for Economic Cooperation and Development (OECD).
