Common use of BUSINESS PROFITS Clause in Contracts

BUSINESS PROFITS. 1. The profits of an enterprise of a territory shall be taxable only in that territory unless the enterprise carries on business in the other territory through a permanent establishment situated therein. If the enterprise carries on business as aforesaid, the profits of the enterprise may be taxed in the other territory but only so much of them as is attributable to that permanent establishment.

BUSINESS PROFITS. 1. The profits Profits of an enterprise of a territory Territory shall be taxable only in that territory Territory unless the enterprise carries on business in the other territory Territory through a permanent establishment situated therein. If the enterprise carries on business as aforesaid, the profits that are attributable to the permanent establishment in accordance with the provisions of the enterprise paragraph 2 may be taxed in the that other territory but only so much of them as is attributable to that permanent establishmentTerritory.

BUSINESS PROFITS. 1. The profits of an enterprise of a territory shall be taxable only in that territory unless the enterprise carries on business in the other territory through a permanent establishment situated thereinin that other territory. If the enterprise carries on business as aforesaidin that manner, the profits of the enterprise may be taxed in the other territory but only so much of them as is attributable to that permanent establishment.

BUSINESS PROFITS. (1. ) The profits of an enterprise of a territory shall be taxable only in that territory unless the enterprise carries on business in the other territory through a permanent establishment situated therein. If the enterprise carries on business as aforesaid, the profits of the enterprise may be taxed in the other territory but only so much of them as is attributable to that permanent establishment.

BUSINESS PROFITS. (1. ) The profits of an enterprise of a territory shall be taxable only in that territory unless the enterprise carries on business in the other territory through a permanent establishment situated therein. If the enterprise carries on business as aforesaid, the profits of the enterprise may be taxed in the other territory but only so much of them as is attributable to that permanent establishmentestab­ lishment.

BUSINESS PROFITS. 1. The profits of an enterprise of a territory Contracting Country shall be taxable only in that territory Country unless the enterprise carries on business in the other territory Contracting Country through a permanent establishment situated therein. If the enterprise carries on business as aforesaid, the profits of the enterprise may be taxed in the other territory Country but only so much of them as is attributable to that permanent establishment.

BUSINESS PROFITS. 1. The profits of an enterprise of a territory Territory shall be taxable only in that territory Territory unless the enterprise carries on business in the other territory Territory through a permanent establishment situated therein. If the enterprise carries on business as aforesaid, the profits of the enterprise may be taxed in the that other territory Territory but only so much of them as is attributable to that permanent establishment.

BUSINESS PROFITS. (1. The profits ) Profits of an enterprise of a territory shall be taxable only in that territory unless the enterprise carries on business in the other territory through a permanent establishment situated therein. If the enterprise carries on business as aforesaid, the profits that are attributable to the permanent establishment in accordance with the provisions of the enterprise paragraph (2) may be taxed in the that other territory but only so much of them as is attributable to that permanent establishmentterritory.