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Tag: avoidance of double taxation treaty

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Pakistan and Germany Initiate Renegotiations to Eliminate Double Taxation

September 26, 2023September 26, 2023Mrs. Anjum Shahnawaz

Islamabad, September 26, 2023 – Pakistan and Germany have taken significant steps toward strengthening their economic ties by initiating renegotiations on the Agreement for the Elimination of Double Taxation.

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Pakistan Iraq Tax Treaty

Pakistan and Iraq Sign Double Taxation Elimination Convention

August 10, 2023August 10, 2023Mrs. Anjum Shahnawaz

Islamabad, August 10, 2023 – In a significant step toward strengthening economic cooperation and enhancing investment, Pakistan and Iraq have successfully signed a convention aimed at eliminating double taxation within their respective jurisdictions.

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Pakistan, Tajikistan amend convention for avoidance of double taxation

February 7, 2023February 7, 2023Mrs. Anjum Shahnawaz

Pakistan and Tajikistan have signed to amend the existing convention for avoidance of double taxation, Federal Board of Revenue (FBR) on Monday.

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US Treasury

United States, Croatia sign income tax treaty

December 8, 2022December 8, 2022Mrs. Anjum Shahnawaz

WASHINGTON: The United States and Croatia on Wednesday signed a comprehensive income tax treaty between the two countries, according to an official statement issued by US Department of the Treasury. In a ceremony held at the US Department of State today, Under Secretary of State for Economic Growth, Energy and the Environment Jose W. Fernandez […]

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Pak-Afghan 2nd round talks on DTA concludes

January 1, 2022January 1, 2022Mrs. Anjum Shahnawaz

ISLAMABAD: Pakistan and Afghanistan have concluded the second round of talks on double taxation agreement (DTA). According to a statement issued on Saturday said that Afghanistan Revenue Department (ARD) and Federal Board of Revenue (FBR) concluded second round of negotiations on Double Taxation Agreement (DTA) between Pakistan and Afghanistan. READ MORE: Power of the Board […]

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FBR Building

Agreements for avoidance of double taxation

August 29, 2021August 29, 2021Hamza Shahnawaz

Section 107 of Income Tax Ordinance, 2001 is related to agreements for the avoidance of double taxation and prevention of fiscal evasion. The Federal Board of Revenue (FBR) issued the Income Tax Ordinance, 2001 updated up to June 30, 2021. The Ordinance incorporated amendments brought through Finance Act, 2021. Following is the text of Section 107 of […]

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Pakistan, Hungary sign treaty for exchange of information

July 15, 2020July 15, 2020Mrs. Anjum Shahnawaz

ISLAMABAD: Pakistan and Hungary have signed a treaty for exchange of information under newer version of protocol of avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, a statement issued by Federal Board of Revenue (FBR) said on Wednesday. Hungarian Ambassador to Pakistan Istvan Szabo signed the Protocol […]

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FBR threatens terminating tax treaty with UAE

December 9, 2019March 15, 2021Mrs. Anjum Shahnawaz

ISLAMABAD: Federal Board of Revenue (FBR) has threatened to terminate avoidance of double tax treaty with the United Arab Emirates (UAE) for not sharing information of Pakistanis having assets in that country. In a statement on Monday, the FBR spokesman said that the tax authorities had once again asked UAE authorities to provide information of […]

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