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v.i.

English translation: Branch / permanent establishment


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Dutch term or phrase:V.i. (vaste inrichting)
English translation:Branch / permanent establishment
Entered by: xxxjarry
Options:
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- Include in personal glossary

15:40 Jan 31, 2006
Dutch to English translations [PRO]
Bus/Financial - Law: Taxation & Customs
Dutch term or phrase: v.i.
"de vraag of xxx feitelijk gevestigd is in Nederland of in Nederland als beperkt belastingplichtige (voor zover een v.i. wordt angehouden) kan worden aangemerkt"
Neil Crockford
Local time: 04:18
Branch / permanent establishment
Explanation:
V.i. is an abbreviation for Vaste Inrichting

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Note added at 1 hr (2006-01-31 17:19:26 GMT)
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http://www.lowtax.net/lowtax/html/offon/netherlands/netcorp....
Sale of Dutch Real Estate at a Profit: the non-resident corporation is not subject to any capital gains assessment on the sale of Dutch real estate provided the non- resident corporation does not trade in Holland through a PERMANENT ESTABLISHMENT OR BRANCH. (N.B. Rental income from Dutch real estate owned by a non-resident corporation is subject to tax in Holland).

Administrative or Liaison Office: Whilst the income of a non-resident company PERMANENT ESTABLISHMENT OR BRANCH in Holland is taxable the activities of an administrative or liaison office which does not trade in the country but simply provides information or administrative services are not.

I therefore cannot quite see the difference between permanent establishment and branch in the given context.

Selected response from:

xxxjarry
South Africa
Local time: 05:18
Grading comment
Thanks
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +4Branch / permanent establishmentxxxjarry


  

Answers


20 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +4
Branch / permanent establishment


Explanation:
V.i. is an abbreviation for Vaste Inrichting

--------------------------------------------------
Note added at 1 hr (2006-01-31 17:19:26 GMT)
--------------------------------------------------

http://www.lowtax.net/lowtax/html/offon/netherlands/netcorp....
Sale of Dutch Real Estate at a Profit: the non-resident corporation is not subject to any capital gains assessment on the sale of Dutch real estate provided the non- resident corporation does not trade in Holland through a PERMANENT ESTABLISHMENT OR BRANCH. (N.B. Rental income from Dutch real estate owned by a non-resident corporation is subject to tax in Holland).

Administrative or Liaison Office: Whilst the income of a non-resident company PERMANENT ESTABLISHMENT OR BRANCH in Holland is taxable the activities of an administrative or liaison office which does not trade in the country but simply provides information or administrative services are not.

I therefore cannot quite see the difference between permanent establishment and branch in the given context.



xxxjarry
South Africa
Local time: 05:18
Specializes in field
Native speaker of: English
PRO pts in category: 112
Grading comment
Thanks

Peer comments on this answer (and responses from the answerer)
agree  Chris Hopley: 'permanent establishment'
38 mins
  -> Thanks (see also my above note)

agree  Dave Calderhead: amd with Chris
59 mins
  -> Thanks (see also my above note)

agree  TT&V
4 hrs
  -> Thank you

agree  11thmuse: voorlopige inrichting ?????
1 day16 hrs
  -> Thanks. Definitely not "Voorlopige Intichting"
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