Australian Tax Treaties

Chinese Airline Profits Agreement  

AGREEMENT BETWEEN THE GOVERNMENT OF AUSTRALIA AND THE GOVERNMENT OF THE PEOPLE ' S REPUBLIC OF CHINA FOR THE AVOIDANCE OF DOUBLE TAXATION OF INCOME AND REVENUES DERIVED BY AIR TRANSPORT ENTERPRISES FROM INTERNATIONAL AIR TRANSPORT  

ARTICLE 1   Taxes Covered  
The taxes to which this Agreement shall apply are:

(a) in the case of Australia: the income tax imposed under the federal law of the Commonwealth of Australia, including the additional tax upon the undistributed amount of the distributable income of a private company;

(b) in the case of the People ' s Republic of China:

(i) the income tax concerning foreign enterprises; and

(ii) the consolidated industrial and commercial tax including any additional tax on that tax,

and any identical or substantially similar taxes which are imposed after the date of signature of this Agreement in addition to, or in place of, the taxes referred to in subparagraph (a) or (b).