Insights
Taxation
Concept and Base for determination of Permanent Establishment (PE)
Foundation for Imposing Tax The basis of taxation in any country depends upon “Residence Rule” and “Source of Income Rule”. In both of the rules determination of “Permanent Establishment” (PE) plays a vital role. The concept of Permanent Establishment is necessary to...
Foreign Currency Loan up to 60% from Foreign Investor
Nepal Rastra Bank (NRB) has recently revised one of its earlier circular to ease the process of taking loan in foreign currency by the Nepalese company with foreign investment from their foreign investors. According to the revised circular, Nepalese company with...
Post Covid Tax Measures
Coronavirus (COVID-19) severely impacts traditional economic patterns, both in macro-economics and micro-economics. This will affect the traditional tax-base to the nation and liquidate the tax paying capacity of the existing taxpayers. Therefore, if we cannot control...
