Supplementary Notice on the Application of Treaty Rates to Interest Income from Savings Deposits of Foreign Individuals and Residents of Hong Kong, Macao, and Taiwan

This notice clarifies the application of tax treaty rates to interest income from savings deposits for foreign individuals and residents of Hong Kong, Macao, and Taiwan, following adjustments to the personal savings deposit interest tax rate by State Council Order No. 502. It specifies that where treaty rates are lower than domestic law rates, individuals may apply for treaty benefits, and updates the summary of applicable treaty rates from previous notices.