In addition, the foreign party must fulfil the following beneficial ownership test, if required under the relevant tax treaty when generating income in the form of dividends, interest, or royalties: 1. The entity is not acting as an agent, nominee, or conduit; 2. The entity has controlling ...
. 11. Income in the form of bonus, profit sharing, and any other income from funds entrusted; and placed offshore through an Indonesian sharia bank or an Indonesian branch of an offshore sharia bank; and/or gain or profit derived from Sharia Financial Service such as Factoring (Wakalah ...
In addition, the foreign party must fulfil the following beneficial ownership test, if required under the relevant tax treaty when generating income in the form of dividends, interest, or royalties: 1. The entity is not acting as an agent, nominee, or conduit; 2. The entity has controlling ...