3 ms·
Have you seen this be an issue in practice? Our place of business is our registered office.
by hessenwolf 15y ago
Have you seen this be an issue in practice? Our place of business is our registered office.
- A1kmm 15y agoIt is a place of business if it meets the definition, and there can be more than one. The definition is somewhat ambiguous, but it is likely that if there is an actual physical place (even if it is just a server) used to offer goods or services for sale to the public, there is a good chance that those sales are attributable to that server, and will be taxed in the country that server is located in. This might not be a problem for an established corporation with the sales volume to justify the tax accountant expenditure and payment overhead needed to comply with tax law in multiple countries, but for a bootstrapped startup it can be an important consideration.