Taxes

Force of attraction

One must understand the importance of a permanent establishment when it comes to taxation. This refers to the concept where a country taxes the income and property of a business located within its borders. However, it also extends to all income earned by the foreign head office from sources within the country and all property owned by the foreign head office situated in the country. Interestingly, the OECD model treaty does not allow the application of this concept.

Related terms

Recovery of tax

Understand the meaning and definition of Recovery of tax in the context of stock market, trading, and investments.

MORE
Sham transaction

Understand the meaning and definition of Sham transaction in the context of stock market, trading, and investments.

MORE
Value added tax (vat)

Understand the meaning and definition of Value added tax (vat) in the context of stock market, trading, and investments.

MORE
Fruit and tree doctrine

Understand the meaning and definition of Fruit and tree doctrine in the context of stock market, trading, and investments.

MORE
Undistributed profits tax

Understand the meaning and definition of Undistributed profits tax in the context of stock market, trading, and investments.

MORE
Customs duties

Understand the meaning and definition of Customs duties in the context of stock market, trading, and investments.

MORE
Open Free Demat Account!

Join our 3.5 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3.5 Cr+ happy customers