TMI BlogBusiness profitsX X X X Extracts X X X X X X X X Extracts X X X X ..... be taxed in the other State but only so much of them as is attributable to (a) that permanent establishment; (b) sales in that other state of goods or merchandise of the same or similar kind as those sold through that permanent establishment; or (c) other business activities carried on in that other State of the same or similar kind as those effected through that permanent establishment. 2. Sub ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... easonable basis. 3. In the determination of the profits of a permanent establishment, there shall be allowed as deduction expenses which are incurred for the purposes of the business of the permanent establishment including executive and general administrative expenses so incurred, whether in the State in which the permanent establishment is situated or elsewhere. 4. No profits shall be attrib ..... X X X X Extracts X X X X X X X X Extracts X X X X
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