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intracompany charges

This topic has 1 reply, 2 voices, and was last updated 4 years ago by John Moffat.

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October 26, 2020 at 8:33 am #593134
sis00
Member
- Topics: 7
- Replies: 4
Dear Sir,
I need the advise on taxation of royalties. For example if foreign subsidary is charged by home coutry company royalty. And this royalty is not tax alloable (doesn’t reduse tax liability). As an incom for home country company is it taxable or not?
Regards
October 26, 2020 at 1:20 pm #593159
John Moffat
Keymaster
- Topics: 57
- Replies: 54520
Unless the question says otherwise, the royalty income is taxable.
(I am surprised if you have found a question where the royalty is not tax allowable in the foreign country 🙂 )
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