If nevertheless the entity is treated as transparent by the jurisdiction in which the holder of the equity interest is a resident, the payments will not be recognised and thus not included in the taxable income of the holder of the equity interest, leading to a deduction without an inclusion within the meaning of Article 2, paragraph 9, subparagraph b.
Če je subjekt kljub temu v jurisdikciji, katere rezident je imetnik lastniškega deleža, obravnavan kot pregleden, plačila ne bodo priznana in zato ne bodo vključena v obdavčljivi dohodek imetnika lastniškega deleža, kar vodi do odbitka brez vključitve v smislu člena 2(9)(b).