Treaty between Canada and Colombia enters into force
The China Taxation News of 6 August 2012 reported a new case on determination of beneficial owner under tax treaties whereby the benefit of the treaty was denied. The case is summarized below.
In May 2012, the accountant of a Sino-foreign joint venture company engaged in container terminal services filed the resolution on distribution of dividends of 2009 to its 49% shareholder in Mauritius…