In the current age of digital economy, robots and remotely-operated computerized equipment are gradually taking over many work sites. In near future, in many cases, a ‘fixed place of business’ (a prerequisite for existence of a permanent establishment) may be operated entirely without human involvement at the work site. For instance, an enterprise could produce goods in a foreign country (Source State) in a ‘lights-out factory’. Wikipedia defines “lights-out factories” as factories that are “fully automated and require no human presence on-site”.
Source Dr Amar Mehta Ph.D, LL.M, ACA
Latest Posts in "World"
- VAT Concepts Explained: Chain Transactions/Triangulation
- UN Sets 2026-28 VAT Roadmap: Focus on Digital, Fraud, Disputes, Financial Innovation, and Regressivity
- Recent global VAT Rate Changes Announced or Adopted Through Legislative Measures
- Navigating Sales Tax Compliance for Precious Metals: State Rules, Exemptions, and Software Challenges
- VAT Challenges for Tax Teams in Usage-Based Billing and System Design
