1. A Resident Person, which is a juridical person, is subject to Corporate Tax on its Taxable Income derived from the State or from outside the State, in accordance with the provisions of this Decree-Law. 2. The Taxable Income of a Resident Person, who is a natural person, is the income derived from the State or from outside the State insofar as it relates to the Business or Business Activity conducted by the natural person in the State as set out in Clause (6) of Article (11) of this Decree-Law. 3. A Non-Resident Person is subject to Corporate Tax on the following: a. The Taxable Income that is attributable to the Permanent Establishment of the Non-Resident Person in the State. b. State Sourced Income that is not attributable to a Permanent Establishment of the Non-Resident Person in the State. c. The Taxable Income that is attributable to the nexus of the Non-Resident Person in the State as determined in a resolution issued by the Cabinet pursuant to paragraph (c) of Clause (4) of Article (11) of this Decree-Law.
Interpretation and application must be checked against the official text and current version.