State Administration of Taxation, Supplementary Circular on Issues Relevant to the Application of Agreed Tax Rates to the Interest Income of Foreign Nationals and Individual Residents of Hong Kong, Macao and Taiwan Derived from Their Savings Deposits

国家税务总局关于外籍个人和港澳台居民个人储蓄存款利息所得适用协定税率有关问题的补充通知

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Tax rates on interest income of foreigners may follow bilateral tax agreements.

Issued: August 7 2007
Effective: As of date of issuance

Applicability: The term "foreign nationals and individual residents of Hong Kong, Macao and Taiwan" means individuals who only pay individual income tax for income derived from China according to the second paragraph of Article 1 of the PRC Individual Income Tax Law and tax agreements (Article 2).

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