Exempting Foreign Branch Income and the Active Income Requirement

Journal
Joseph, A.
Australia
International Transfer Pricing Journal 2014 (Volume 21), No. 6
FormatPDF
EUR
40
| USD
45
(VAT excl.)

The author discusses the taxation of branch profits under Australian statutory provisions, the impact of Taxation Ruling TR 2014/3 and the treatment of permanent establishments under the treaties with the United States and Singapore.