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Chinese Bazaars
Re: Chinese Bazaars
by Glassfull » Wed Jul 18, 2018 2:58 pm
marcliff wrote:Gasplumbman wrote:Surely that must be against EU trading laws or do they only apply to U.K.another strange anomaly
Why? UK has a dual taxation agreement with the USA and India among others. The dual taxation agreement between UK and Spain is not with the EU.
Many countries have dual taxation agreements so you don't get taxed in two countries on the same income but does ensure you get taxed in one of them (normally the country of vital interest - where you live).
Thanks Marcliff. Unless illfounded rumours are challenged, they enter circulation and people start to believe them. After all, we don’t want this to become another Facebook.
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Re: Chinese Bazaars
by jpeg » Wed Jul 18, 2018 3:39 pm
Harry Epsom wrote:An agreement between Spain and China gives favorable tax concessions to each others nationals trading in their respective countries. It is rumored that fascist Franco originally decreed favorable concessions to the Chinese in perpetuity in return for the support he received from the Chinese republic during his struggles. Here is a link to what appears to be the latest update of the agreement between the Government of Spain and the Government of the People’s Republic of China set in 1990. How exactly the Chinese traders benefit from it is not clear, but they certainly seem to.
http://www.chinatax.gov.cn/eng/n2367756 ... 368627.pdf
That's the same as the Agreement on double taxation between Spain and UK
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