Corporate and International Tax Advice

Operating through a branch/permanent establishment? Find out what it means when an operation does not involve a local incorporated entity but amounts to operating through a permanent establishment (PE).

The Base Erosion and Profit Shifting (BEPS) plan called for a review of the definition of PE as it was considered that strategies were being used to avoid activities being treated as giving rise to a PE. The final report on PE’s (Action 7) was released in October 2015. The report proposes changes to the definition of PE in the OECD (Organisation for Economic Cooperation and Development) Model Tax Convention including amending the accompanying commentary.

Download the PDF to find out what the proposed BEPS changes could mean for you.