Latest developments with a relevant impact on the business relationships between Spain and China.
With focus on the long-awaited new tax treaty between these two countries, which entered into force on May 2, 2021, and substitutes the previous treaty of 1990. Our panel of tax experts review the major changes that the new treaty introduces, contributing views from the perspectives of both jurisdictions. Furthermore, the recent tax measures that the Chinese government has approved and the way they may impact Spanish investors are discussed, covering topics such as the changes to the R&D incentives or the amendments to the VAT system impacting on exports.