INTERVIEW QUESTIONS TAX DETAILS

Question: What is Branch Tax in Taxation?

Answer: Branch Tax in Taxation is tax imposed on branches of foreign companies in addition to the normal corporate income tax on the branch's income. This is equivalent to the tax on dividends which would be due if the branch had been a subsidiary of the foreign company and had distributed its profit as dividends.

Branch Tax in Taxation is tax imposed on branches of foreign companies in addition to the normal corporate income tax on the branch's income. This is equivalent to the tax on dividends which would be due if the branch had been a subsidiary of the foreign company and had distributed its profit as dividends. Source: CoolInterview.com

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