The beneficial owner is the entity that actually, i.e. actually receives receivables paid to non-residents for payments subject to withholding tax. Pursuant to Article 4a(29) of the Corporate Income Tax Act, the beneficial owner is an entity which, firstly, receives the receivable for its own benefit, including deciding on its use and bearing the economic risk related to the loss of the receivable or a part thereof, secondly, is not an intermediary, representative, trustee or other entity legally or actually obliged to transfer all or part of the receivable to another entity, and thirdly, conducts actual economic activity in the country of its registered office, if the receivable is received in connection with its economic activity, and when assessing whether the entity conducts actual economic activity, the provision of Article 4a(29) of the Corporate Income Tax Act is applied. 24a(18) shall apply accordingly.