Permanent Establishments (PEs) are a key facet of international taxation.
They constitute the crucial threshold for the assignment of taxing rights to a
jurisdiction in all cases of enterprises operating in more than one country.
The issue of whether there is a PE, and how much profit should be allocated to
it, is an increasingly important factor in tax planning, tax accounting, tax
compliance, and related tax risk management.
This academically rigorous yet thoroughly practical work provides
comprehensive guidance on a variety of complex PE issues. Its initial chapters
analyse the latest OECD developments in the context of Articles 5 and 7 of the
OECD Model Tax Convention (2010 update) while 19 country chapters cover
domestic PE issues as well as country-specific treaty developments from a
The work consists of two parts:
Permanent Establishment in the OECD Model Tax Convention
This section features a comprehensive – and highly practical – analysis of the
concept of permanent establishment (PE), particularly as it’s embodied in
Article 5 of the Model Convention. In a departure from virtually all the
current literature, the presentation affords the reader a truly actionable
tool to optimize decision making as it relates to PE in a “real world”
setting. The work initially concentrates on the PE-related issues of most
concern to corporate interests: the notion of PE and the allocation of profits.
This part consists of country-specific PE profiles designed to facilitate the
reader’s decision making by allowing easy comparison of critical PE-related
data over an array of key national jurisdictions.
Countries covered: Australia, Austria, Belgium, China, Denmark,
Estonia, France, Germany, Hungary, India, Italy, Japan, The Netherlands,
Russia, Spain, Sweden, Switzerland, United Kingdom, United States