Pe
/piː/
Definitions
- (n.) Permanent establishment, a fixed place of business giving rise to tax liability in a jurisdiction.
The multinational company was deemed to have a PE in the country due to its branch office.
Forms
- pe
Related terms
See also
Commentary
In tax law, 'PE' is a commonly used abbreviation denoting a taxable business presence; it is critical to assess the nature and duration of operations to determine PE status.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.