Residence of enterprises determines resident unit status based on centre of economic interest and sustained production operations. An enterprise is a resident unit when its centre of economic interest is in the territory, shown by significant production of goods or services there or by owning land or buildings; it must maintain at least one production establishment and intend to operate it indefinitely or for a long period.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Residence of enterprises determines resident unit status based on centre of economic interest and sustained production operations.
An enterprise is a resident unit when its centre of economic interest is in the territory, shown by significant production of goods or services there or by owning land or buildings; it must maintain at least one production establishment and intend to operate it indefinitely or for a long period.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
AI OCR ✕
of 
TaxTMI 
TaxTMI 
