Beneficial ownership of income is a concept used to check the legitimacy of the application of tax treaties and lower withholding tax rates. Using the ‘Beneficial Ownership of Income: Risk Calculator’ tool will enable you to assess the risk level in your situation.
Confirmation of beneficial ownership of income is a document required under clause 1 of Article 312 of the Tax Code in order to support the right to the application of a lower withholding tax rate. As from 1 January 2017 you will be able to use this ‘Confirmation of beneficial ownership of income’ tool to create the required document.
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