Concept of Permanent establishment (‘PE’) is an important subject for any company operating or planning to operate in another country, in order to determine whether the company’s activities in a country are taxable in that country. Determining whether a company has triggered a PE is seldom clear cut, since it is highly facts driven.
Rakesh Nangia, Managing Partner and Neha Malhotra, Executive Director contributed an article on formula one ruling for Taxsutra. link to the article http://www.taxsutra.com/experts/column?sid=777
