The Federal Law ratifies the Agreement between the Government of the Russian Federation and the Government of the People’s Republic of China on Avoiding Double Taxation and Preventing Tax Evasion and the Protocol thereto, signed in Moscow on October 13, 2014, as well as the Protocol on Amending said Agreement, signed in Moscow on May 8, 2015.
The Agreement is aimed at developing mutually beneficial cooperation between the Russian Federation and the People’s Republic of China, attracting mutual investments and eliminating double taxation of individuals and legal entities from the Russian Federation and People’s Republic of China.