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PRATT AREA COMMUNITY COUNCIL FORECLOSURE INTAKE FORM Please fill out this application with the PRIMARY applicants' information unless otherwise indicated. Thank you. Have you worked or been working
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What is p r a t?
PRAT stands for Profits Repatriation Assessment Tax.
Who is required to file p r a t?
Corporations with foreign subsidiaries are required to file PRAT.
How to fill out p r a t?
PRAT can be filled out online through the tax authority's website or submitted physically with the necessary documentation.
What is the purpose of p r a t?
The purpose of PRAT is to tax profits repatriated from foreign subsidiaries back to the parent company.
What information must be reported on p r a t?
Information such as the amount of profits repatriated, the country of origin, and any applicable tax credits must be reported on PRAT.
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