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You are here: Australian Digital Collections
Taxation of Foreign and National Enterprises Volume 2 - Belgium


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Belgium
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PART I. —GENERAL DESCRIPTION OF SCHEDULAR AND COMPLEMENTARY INCOME-TAX SYSTEM.1
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PART II. —METHODS OF TAXING FOREIGN AND NATIONAL ENTERPRISES
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PART III. —METHODS OF ALLOCATING TAXABLE INCOME
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A. FOREIGN ENTERPRISES WITH LOCAL BRANCHES OR SUBSIDIARIES
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I. GENERAL QUESTIONS AND METHODS OF APPORTIONMENT
   
(a) BOOK-KEEPING AND ACCOUNTING REQUIREMENTS
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(b) METHODS OF ALLOCATION
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(c) APPORTIONMENT OF PROFITS BETWEEN BRANCH AND PARENT ENTERPRISE
   
(d) APPORTIONMENT BETWEEN PARENT ENTERPRISE AND SUBSIDIARIES
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II. APPLICATION OF THE METHODS OF ALLOCATION IN SPECIFIC CASES
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B. NATIONAL ENTERPRISES WITH BRANCHES OR SUBSIDIARIES ABROAD
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C. HOLDING COMPANIES
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D. TREATY PROVISIONS
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Annex


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2 and 3. Manufacturing and Processing Establishments

No legal provision ascribes to a manufacturing establishment a given part of profits from the sale abroad of goods manufactured in the country. The revenue authorities have to examine in each case whether and to what extent the manufacturing establishment is to be regarded as having earned profits in Belgium.

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