TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

TERRITORIALITY PRINCIPLE [1 record]

Record 1 2004-01-27

English

Subject field(s)
  • Finance
  • Foreign Trade
DEF

Principle by which income is taxed in the country where it arises.

OBS

Under this principle, the income of foreign branches is usually not taken into account in calculating a company's tax liability exemption method.

French

Domaine(s)
  • Finances
  • Commerce extérieur
DEF

Principe selon lequel le revenu est imposé dans le pays où il est produit.

OBS

Selon ce principe, le revenu de succursales étrangères n'entre pas ordinairement en ligne de compte dans le calcul de l'imposition de la société (méthode de l'exemption).

Spanish

Save record 1

Copyright notice for the TERMIUM Plus® data bank

© Public Services and Procurement Canada, 2024
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
A product of the Translation Bureau

Features

Language Portal of Canada

Access a collection of Canadian resources on all aspects of English and French, including quizzes.

Writing tools

The Language Portal’s writing tools have a new look! Easy to consult, they give you access to a wealth of information that will help you write better in English and French.

Glossaries and vocabularies

Access Translation Bureau glossaries and vocabularies.

Date Modified: