Aug
13
Taxation
Withholding tax rates for foreign fund transfers through debt, credit cards
ISLAMABAD: Federal Board of Revenue (FBR) has issued withholding tax card for tax year 2020, effective from July 1, 2019 and notified 2 percent advance tax to be collected on gross amount of foreign transfers from persons not appeared on Active Taxpayers List (ATL). The FBR said that every banking company is required to collect […]