Insolvency and POEM: Difference between pages

Revision as of 09:29, 24 May 2015

Tax.

Place of Effective Management.

The place where effective management and control of a taxable corporate body is carried out, for the purposes of the OECD model tax convention.

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-.
+''Tax''.
-Inability to pay financial obligations as they fall due.
+'''P'''lace '''o'''f '''E'''ffective '''M'''anagement.
+The place where effective management and control of a taxable corporate body is carried out, for the purposes of the OECD model tax convention.
-.
-Under UK law, the inability of a company - on a balance of probabilities - to meet all of its existing, prospective and contingent liabilities, taking account of future costs and of future interest obligations.
-In making this assessment, future income and future asset valuations are also taken into account.
+== See also ==
+* [[Organisation for Economic Co-operation and Development]]
+* [[Permanent establishment]]
+* [[Profit shifting]]
+* [[Residence]]
-== See also ==
+[[Category:Accounting,_tax_and_regulation]]
-* [[Company voluntary arrangement]]
-* [[Cost of financial distress]]
-* [[Creditors]]
-* [[Insolvency practitioner]]
-* [[Insolvency Service]]
-* [[Scheme of arrangement]]
-* [[London Approach]]
-* [[Solvency]]
-* [[Solvency II]]
-* [[Statement of affairs]]