Australia: Guide on taxation of permanent establishments (PEs)
ATO guide explains tax rules for permanent establishments in Australia and abroad.
The Australian Taxation Office (ATO) has released a guide that outlines how tax applies to permanent establishments (PEs) in Australia and overseas.
The guide outlines:
- What is a PE
- Whether nonresident enterprises can be taxed in Australia
- How profits attributed to a PE will be calculated
- Where Pillar Two top-up tax may apply