On 17 July 2008, the OECD Council approved the release the Report on the Attribution of Profits to Permanent Establishments . The Report includes a preface and four Parts.
- Part I sets out general considerations for attributing profits to permanent establishments, regardless of the business sector in which they operate.
- Part II describes the application of the approach to enterprises carrying on a banking business through a permanent establishment.
- Part III addresses the situation of permanent establishments of enterprises carrying on global trading in financial instruments.
- Part IV deals with the application of the approach to PE of enterprises carrying on insurance activities.