AGREEMENT BETWEEN THE GOVERNMENT OF THE REPUBLIC OF BELARUS AND GOVERNMENT OF THE PEOPLE'S REPUBLIC OF CHINA

of January 17, 1995

About avoidance of double taxation and prevention of tax avoidance concerning taxes on the income and property

The government of the Republic of Belarus and the Government of People's Republic of China (which are referred to as further for the purposes of this Agreement with Contracting States),

wishing to sign the Agreement on avoidance of double taxation and prevention of tax avoidance concerning taxes on the income and property,

agreed about the following:

Article 1. Persons to whom the Agreement is applied

This Agreement is applied to persons which are residents of one or both Contracting States.

Article 2. Taxes to which the Agreement extends

1. The existing taxes to which the Agreement extends are:

a) in the Republic of Belarus:

(i) tax on the income and profit of legal entities;

(ii) the income tax from citizens;

(iii) the real estate tax (further - tax of Belarus);

b) in People's Republic of China:

(i) the income tax from citizens;

(ii) tax on the income of the companies with foreign investments and overseas enterprises;

(iii) the local income tax (further - tax of China).

2. This Agreement extends also to any identical or in essence the similar taxes collected after signature date of this Agreement in addition to the existing taxes called in Item 1, or instead of them. Competent authorities of Contracting States notify each other on any essential changes taking place in their tax legislations.

Article 3. General determinations

1. In this Agreement if other does not follow from context:

a) the term "Belarus" means the Republic of Belarus and when using in geographical sense means the territory which is under sovereignty of the Republic of Belarus which according to the legislation of Belarus and international law is under jurisdiction of the Republic of Belarus;

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