(Bulletin  No. 24) 国家税务 总局关于委托投资情况下认定受益所有人问题的公告, issued by the SAT
Bulletin  No. 24 provides supplementary provisions on the determination of identity of the beneficial owner under the entrusted investment structures.
An entrusted investment is the one under which a non-resident hires the services of a foreign professional individual or organization, which makes investments in China on behalf of the non-resident.
Date of issue: April 21, 2014. Date of effectiveness: June 1, 2014.