The 'Permanent Establishment' concept in international taxation determines: MCQ with Answer and Explanation

The 'Permanent Establishment' concept in international taxation determines:
A. where a foreign enterprise has taxable presence
B. permanent bank accounts
C. permanent employment
D. permanent residency of individuals
Answer: Option A
Solution (By JKSSB Mock Tests)
Permanent establishment determines a foreign enterprise's taxable presence in a country.

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Economy Set 1 Questions

Question #1
The concept of 'Social Reproduction' in feminist economics refers to:
A. The activities and processes that maintain and reproduce the labour force on a daily and intergenerational basis, often performed unpaid within households
B. Only biological reproduction without social dimensions
C. Only the reproduction of capital
D. Only market production of goods

Correct Answer: Option A


Explanation:
Social reproduction encompasses the unpaid and paid activities—care, domestic work, education, health—that reproduce people as social and economic beings on a daily and generational basis.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'Goods and Services Tax' on pizza bread is:
A. 5%
B. 0%
C. 12%
D. 18%

Correct Answer: Option D


Explanation:
Pizza bread attracts 18% GST as a prepared food product.

This question belongs to: Economy GK Economy Set 1
Question #3
The concept of 'Digital Public Goods' refers to:
A. Open-source software, open data, open AI models and open standards that are freely available and contribute to sustainable development
B. Only proprietary software
C. Only physical public goods
D. Only privately owned digital platforms

Correct Answer: Option A


Explanation:
Digital public goods are open-source software, open data, open AI systems, open standards and open content that adhere to privacy and other best practices and help attain the Sustainable Development Goals.

This question belongs to: Economy GK Economy Set 1