第七款解释的议定书 中华人民共和国政府和美利坚合众国政府愿意签署本议定书，对所得避免双重征税和防止偷漏税的协定及其议定书的事项，达成协议如下： 双方同意，对本协定的议定书第七款的解释，相互作如下理解： 一、缔约国一方居民的人（除个人外），除符合下列条件外，不得按本协定的规定在缔约国另一方享受减免税： （一） 1.该人受益权益的50%以上（在公司的情况下，为公司每种股份数额50%以上）是直接或间接由下列一个或几个人拥有： （1）缔约国一方居民的个人； （2）美国公民； （3）本议定书第一款第（二）项中所指的公司； （4）缔约国一方、其行政机构或地方当局。 2.在有关本协定第九条（股息）、第十条（利息）、第十一条（特许权使用费）的减免税，该人的全部收入不超过50%用来作为利息，直接或间接支付给本款1的（1）至（4）项所述以外的人；或 （二）缔约国一方居民公司，并且其主要种类股票实质上和经常在公认的证券交易所交易。 二、如果该人的建立或购买和其维持和经营行为的主要目的不是为了享受本协定的优惠待遇，不适用第一款的规定。 三、在第一款第（二）项中“公认证券交易所”一语是指： （一）由美国证券经纪人联合会拥有的美国证券经纪人联合会自动报价机构（NASDAQ）以及按1934年的证券交易法令规定，在证券交易委员会注册为全国性的证券交易所； （二）中国政府或其授权机构批准成立的全国性的证券交易所； （三）由缔约国双方主管当局所同意的其他证券交易所。 四、由于第一、第二和（或）第三款的规定，缔约国一方居民在缔约国另一方被拒绝给予减免税待遇之前，缔约国双方主管当局应相互协商。 本议定书经下列代表签字为证，作为本协定及其议定书的补充。 1986年5月10日于北京签订，一式两份，每份都用中文和英文写成，两种文本具有同等效力。 中华人民共和国国务委员 美利坚合众国 兼财政部长 财政部长 王丙乾（签字） 詹姆斯·贝克（签字） <=><=> PROTOCOL CONCERNING THE INTERPRETATION OF PARAGRAPH 7 OF THE PROTOCOL TO THE AGREEMENT BETWEEN THE GOVERNMENT OF THE PEOPLE''S REPUBLIC OF CHINA AND THE GOVERNMENT OF THE UNITED STATES OF AMERICA FOR THE AVOIDANCE OF DOUBLE TAXATION AND THE PREVENTION OF TAX EVASION WITH RESPECT TO TAXES ON INCOME，SIGNED AT BEIJING ON APRIL 30，1984. The Government of the People‘s Republic of China and the Government of the United States of America，desiring to conclude a Protocol in addition to the Agreement between them for the avoidance of double taxation and the prevention of tax evasion， and the supplementary Protocol attached thereto，have agreed as follows： Both sides have agreed，with respect to the interpretation of paragraph 7 of the Protocol to the Agreement，that their understanding is as follows： 1. A person （other than an individual）， which is a resident，of a Contracting State shall not be entitled under this Agreement to relief from taxation in the other Contracting State unless： （a） （i）more than 50 percent of the beneficial interest in such person（or in the case of a company more than 50 percent of the number of shares of each class of the company‘s shares） is owned，directly or indirectly，by any combination of one or more of： （A）individuals who are residents of one of the Contracting States； （B）citizens of the United States； （C）companies as described in subparagraph 1（b）of this protocol；and（D）one of the Contracting States， its Po1itical subdivisions or 1ocal authoritles； and（ii）in the case of relief from taxation under Articles 9（dividends），10（interest），and 11 （royalties）， not more than 50 percent of the gross income of such person 1s used to make payments of interest to persons who are Other than persons described in clauses （A）through（D）of subparagraph（a） （i），whether directly or indirectly；or（b） it is a company which is a resident of a Contracting State and in whose principal class of shares there is substantial and regular trading on a recognized stock exchange. 2.Paragraph 1 shall not apply if the establishment，acquisition and maintenance of such person and the conduct of its operations did not have as a principal purpose the purpose of obtaining benefits under the Agreement. 3. For the purposes of paragraph 1 （b）， the term“ a recognized stock exchange means： （a）the NASDAQ System owned by the National Association of Securities Dealers，Inc.and any stock exchange registered with the Securities and Exchange Commission as a national securities exchange for the purposes of the Securities Exchange Act of 1934；and（b）any national securities exchange approved to be established by the Government of the People‘s Republic of China or its authorized institution；and（c）any Other stock exchange agreed upon by the competent authorities O{the Contracting States. 4. Before a resident Of a Contracting State is denied relief from taxation in the Other Contracting State by reason Of paragraph 1，2 and／0r 3，the competent authorities of the Contracting States shall consult each Other. This PrOtOc01 is certified for addition to the Agreement and its supplemental Protocol by the undersigned. Done at Beijing On the 10th day Of May， 1986， in duplicate， in the Chinese and English languages，the two texts having equal authenticity. | 
