Yes, once a Resident Person elects to apply the FPE exemption, it will apply to all their Foreign Permanent Establishments that are subject to Corporate Tax, or a similar tax, in the foreign country at a rate of not less than 9%.
Yes, once a Resident Person elects to apply the FPE exemption, it will apply to all their Foreign Permanent Establishments that are subject to Corporate Tax, or a similar tax, in the foreign country at a rate of not less than 9%.