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Denial of Beneficial Owner Status for Income From China — Orbitax
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Denial of Beneficial Owner Status for Income From China

|Approved Changes|China
China

A key factor in determining eligibility for reduced withholding rates under tax treaties with China is whether or not the company receiving payments from China has beneficial owner status. Recently, several claims for reduced withholding rates, including by companies in Hong Kong and Mauritius,  have been denied because they were not recognized as beneficial owners by the Chinese tax aut…

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