On 19 February 2020, Macau published Chief Executive Notice No. 1/2020 in the Official Gazette for the ratification of the pending protocol to the 2003 income tax arrangement with China. The protocol 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 resident of both jurisdictions, the competent authorities will determine its residence for the purposes of the arrangement through mutual agreement, having regard to its place of effective...