Withholding tax rates on transfer of motor car ownership

ISLAMABAD: Federal Board of Revenue (FBR) has issued updated rates of withholding tax on transfers of registration or ownership of motor vehicles during the year 2021/2022. Motor vehicle registration authority is responsible to collect the withholding tax on transfer of registration or ownership of motor vehicle under Section 231B(2) of the Income Tax Ordinance, 2001. … Continue reading Withholding tax rates on transfer of motor car ownership