Skip to main content
Taxes

Head office expenses

When a company has its main office in one country and operates through a branch or other permanent establishment in another country, certain expenses incurred by the main office can be deducted when calculating the taxable profits of the permanent establishment. These expenses may include general management and administrative costs, as well as the cost of any specific services provided to the permanent establishment. This allows for a fair and accurate assessment of the taxable profits of the permanent establishment, taking into consideration the support and resources provided by the main office.

Related terms

Balancing payment

Understand the meaning and definition of Balancing payment in the context of stock market, trading, and investments.

MORE
Earnings stripping

Understand the meaning and definition of Earnings stripping in the context of stock market, trading, and investments.

MORE
Progression

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

MORE
Tax clearance certificate

Understand the meaning and definition of Tax clearance certificate in the context of stock market, trading, and investments.

MORE
Debtor

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

MORE
Best method rule

Understand the meaning and definition of Best method rule 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

Scan this QR code to download the app
Get it on Google PlayDownload on the App Store

Open Free Demat Account!

Join our 3.5 Cr+ happy customers
+91