3. Subsidiary as a Permanent Establishment: Hon'ble Court after analyzing the definition of PE as contained under Article 5 of the DTAA observed that a subsidiary per se does not constitute a PE.
Greg Ip is chief economics commentator of The Wall Street Journal. He writes about U.S. and global economic developments and policy in the weekly Capital Account column and on Real Time Economics, the Wall Street Journalâs economics blog.
Greg Pence has been weighing a run for Congress in Messer's 6th District for months. Pence, a businessman, has appeared at his brother's side as he ran for office but would be new to political office himself. Greg Pence has already been deeply involved in Indiana politics this year through his work for Messer.