Taxes

Single entity approach

One method of taxing a legal entity's business is through a permanent establishment, rather than a subsidiary company. This approach, known as the single entity approach, treats a head office and permanent establishment as a single taxpayer for tax purposes. This means that even though they may be considered separate entities under accounting or commercial law, they are treated as one for taxation.

Related terms

Economic double taxation

Understand the meaning and definition of Economic double taxation in the context of stock market, trading, and investments.

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Benefit test

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

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Investment

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

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Tax-free zone

Understand the meaning and definition of Tax-free zone in the context of stock market, trading, and investments.

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Export duty

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

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