Essays Tagged: "Tax treaty"
Double Taxation Relief
INTRODUCTIONThe purpose of this paper is to provide a means to minimize or eliminate double taxation through double taxation relief, to reduce the risk of under taxation by promoting cooperati ... he risk of under taxation by promoting cooperation among countries. As far as we know lower overall taxation encourages trade and investment as well as opportunity for growth and profits. The possibil ...
Subjects: Businesss Research Papers > Accounting
The question of what constitutes a permanent establishment is of crucial importance in the international taxation of business profits.
uestion of what constitutes a permanent establishment is of crucial importance in the international taxation of business profits. Explain why this is so and critically examine recent developments in t ... ment.The term permanent establishment (PE) of a non-resident is a key concept in the typical double tax treaty, and in the OECD model tax treaty. The existence of a PE is necessary for a source countr ...
Subjects: Businesss Research Papers
Thailand Tax system
Put simply double tax agreements are designed to prevent you from paying taxes twice. This double taxation occurs inte ... on occurs internationally when one person (corporate or individual) has the same profit, or income, taxed in two of more countries. Each DTA may prescribe different methods of eliminating double taxat ... ly the exemption method whereIt is important as it creates certainty on an international level with tax payers. Tax payers are able to know the treaties or their countries and are therefore aware of t ...
Subjects: Businesss Research Papers > Accounting