Section 68 : Foreign permanent establishments

1) Notwithstanding anything contained in Section 3, any foreign permanent establishment of a nonresident person situated in Nepal shall be liable to pay the tax payable on the income of such establishment, subject to other provisions of this Act.

2) The income of a person having ownership of a foreign permanent establishment shall be separated from the income of that establishment, pursuant to Section 69.

3) Tax shall be imposed on the permanent establishment referred to in clause (b) of Section 3 in the income sent abroad by the foreign permanent establishment of a non-resident person situated in Nepal.

4) The income sent abroad in any income year by the foreign permanent establishment of a non-resident person situated in Nepal shall be equal to the amount of dividends distributed by that foreign permanent establishment in that year.