DT4951 - DT: China: double taxation agreement, Article 2: Taxes covered. Article 2 as amended by the further agreement SI 1996 No 3164 (effective 1 January 1995)(see DT 4902).

(1) The existing taxes to which this Agreement applies are:

(a) in the People's Republic of China:

(i) the individual income tax;
(ii) the income tax for enterprises with foreign investment and foreign enterprises; and
(iii) the local income tax;

(hereinafter referred to as `Chinese tax`);

(b) in the United Kingdom of Great Britain and Northern Ireland:

(i) the income tax;
(ii) the corporation tax; and
(iii) the capital gains tax; (hereinafter referred to as `United Kingdom tax`).

(2) This Agreement shall also apply to any identical or substantially similar taxes which are imposed by either Contracting State after the date of signature of this Agreement in addition to, or in place of, the taxes referred to in paragraph (1) of this Article. The competent authorities of the Contracting States shall notify each other of any changes which are made in their respective taxation laws.