|
ONLINE VERSION |
|
PRINT VERSION |
|
How is tax payment regulated when a foreign legal entity is engaged?
Tax treatment of the withheld profit taxAccording to Article 29-a of the Profit Tax Law, unless otherwise regulated in the international agreements for avoidance of double taxation, entities who pay income to a foreign legal entity shall be obliged to withhold tax at payment of the income and shall pay the tax withheld to a respective suspense account simultaneously with the payment of the income. |  |
|
|
|
|