Wang Jun Signed The Protocol on the Tax Agreemen
On the morning of June 5, Wang Jun, Commissioner of China’s state administration of taxation signed the protocol on international transportation VAT exemption with Sweden’s finance minister Anderson between the two governments in Stockholm on behalf of their respective government
The protocol on the basis of existing tax treaty between the two countries which stipulates that income tax shall be exempted from international shipping further reduces the tax burden bore by international transportation enterprise, it is beneficial to promote the personnel exchanges and trade development between the two countries. Chen Yuming, Chinese ambassador to Sweden and the Treasury senior officials of Sweden attended the signing ceremony.
