TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Article 7 of DTAA: Tax Business Profits Only in Home Territory Unless Permanent Establishment Exists Abroad. Deductions Allowed.</h1> Article 7 of the Double Tax Avoidance Agreement (DTAA) addresses the taxation of business profits. Profits of an enterprise are taxable only in its home territory unless it operates in another territory through a permanent establishment. In such cases, only profits attributable to that establishment can be taxed in the other territory. Deductions are allowed for expenses related to the permanent establishment, excluding payments like royalties or management fees to the head office. Profits are determined using consistent methods unless justified otherwise, and customary profit apportionment methods may be used if aligned with the Article's principles.
TaxTMI 
TaxTMI 
