Encyclopedia
Tax on a branch
Tax on a branch - tax on the transfer of income of a permanent establishment, the aim of which is to equalize the tax burden on such a permanent establishment in the Contracting State, in which it is located, with the tax burden on the subsidiary company situated there as well.1
Convention between the Government of the Russian Federation and the Government of the State of Israel on the Avoidance of Double Taxation and the Prevention of Tax Evasion with Respect to Income Taxes, as amended on 2004-06-07, Art. 29. ↩