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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

Dual residence

Understand the meaning and definition of Dual residence in the context of stock market, trading, and investments.

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Non-discrimination

Understand the meaning and definition of Non-discrimination in the context of stock market, trading, and investments.

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Consolidated tax return

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

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Luxury taxes

Understand the meaning and definition of Luxury taxes in the context of stock market, trading, and investments.

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Double taxation treaty

Understand the meaning and definition of Double taxation treaty in the context of stock market, trading, and investments.

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Profits tax

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

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