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>Enterprise Profits Taxable Only in Home State Unless Linked to Permanent Establishment Abroad; Consistent Profit Calculation Required</h1> The profits of an enterprise from one Contracting State are taxable only in that State unless it operates through a permanent establishment in the other State. Profits attributable to such an establishment can be taxed in the other State. The profits should be calculated as if the establishment were an independent entity, with allowable deductions for expenses incurred. Customary apportionment methods may be used, provided they align with the Article's principles. No profits are attributed to a permanent establishment solely from purchasing goods. The profit determination method should remain consistent annually unless justified otherwise. Separate income items are governed by other Articles.
TaxTMI 
