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 Permanent Establishment Exists in Another State Under Convention Article</h1> The profits of an enterprise from one Contracting State are taxable only in that State unless it operates in the other State through a permanent establishment. In such cases, only the profits attributable to that establishment may be taxed in the other State. Profits are determined as if the establishment were an independent entity, with allowable deductions for expenses incurred for its purposes. No profits are attributed solely for purchasing goods for the enterprise. The method for determining profits should remain consistent annually unless justified otherwise. Separate income items covered by other Convention Articles are not affected by this Article.
TaxTMI 
TaxTMI 
