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KembaraXtra – Legal Terms – Permanent Establishment
A permanent establishment is a fixed place of business through which a company carries on its activities in another country.
The concept is important in international taxation and double taxation agreements.
Examples include branches, offices, factories, workshops, mines, or building sites.
A foreign company with a permanent establishment in the UK may be subject to UK tax on profits arising there.
The definition commonly follows the model adopted by the Organisation for Economic Co-operation and Development.
A permanent establishment is a fixed place of business through which a company carries on its activities in another country.
The concept is important in international taxation and double taxation agreements.
Examples include branches, offices, factories, workshops, mines, or building sites.
A foreign company with a permanent establishment in the UK may be subject to UK tax on profits arising there.
The definition commonly follows the model adopted by the Organisation for Economic Co-operation and Development.
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