The amending protocol to the 2003 income tax arrangement between China and Macau entered into force on 14 May 2020. The protocol, signed 27 November 2019, is the fourth to amend the arrangement and includes the following main changes:

• The replacement of the preamble in line with BEPS standards;
• The amendment of Article 4 (Resident) to provide that if a person other than an individual is a resi…