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Services that are taxed where received.
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27.—The following Schedule shall be substituted for the Fourth Schedule to the Principal Act:
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“FOURTH SCHEDULE
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Services that are taxed where received
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Section 5 of Principal Act.
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(i) Transfers and assignments of copyright, patents, licences, trade marks and similar rights;
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(ii) advertising services;
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(iii) services of consultants, engineers, consultancy bureaux, lawyers, accountants and other similar services, data processing and provision of information (but excluding services connected with immovable goods);
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(iv) acceptance of any obligation to refrain from pursuing or exercising in whole or in part, any business activity or any such rights as are referred to in paragraph (i);
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(v) banking, financial and insurance services (including re-insurance, but not including the provision of safe deposit facilities);
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(vi) the provision of staff;
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(vii) the services of agents who act in the name and for the account of a principal when procuring for him any services specified in paragraphs (i) to (vi).”.
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