("Belt and Road" Summit Forum) China signed tax agreements with Senegal and Cameroon respectively

On the 17th, China signed tax agreements with Senegal and Cameroon respectively in Beijing to further deepen the tax cooperation of the "Belt and Road" countries and create a win-win, open and inclusive international tax business environment for cross-border economic and trade exchanges.

Wang Jun, Director of the State Administration of Taxation of China, and Mamadou Mustafa Ba, Minister of Finance and Budget of the Republic of Senegal, signed the Agreement between the Government of the People's Republic of China and the Government of the Republic of Senegal on the Elimination of Double Taxation and the Prevention of Tax Evasion on Income and the Protocol on behalf of their respective governments; Wang Jun and the Minister of Finance of the Republic of Cameroon, Motaze Louis Paul, signed the Agreement between the Government of the People's Republic of China and the Government of the Republic of Cameroon on the Elimination of Double Taxation and the Prevention of Tax Evasion on Income on behalf of their respective governments.

After the tax treaties between China and the two countries mentioned above come into force, they can eliminate double taxation for taxpayers' cross-border operations, improve tax certainty, promote the settlement of tax related disputes, and play an important role in promoting bilateral trade, technology, capital and personnel exchanges.

According to the State Administration of Taxation, so far, the network coverage of China's tax treaties has expanded to 114 countries and regions, basically covering the major destinations of China's foreign investment and the major countries and regions investing in China.

key word: Tax treaty Senegal sign The Belt and Road Initiative government of the People's Republic of China