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The document discusses Pakistan's tax laws, noting that non-residents are not taxed on foreign income but the Federal Board of Revenue does tax Pakistani residents' foreign income. It also mentions capital value tax and super tax paid by companies as well as taxes paid by welfare organizations. The Income Tax Ordinance of 1979 was Pakistan's first income tax law, which was replaced in 2001 by the Income Tax Ordinance 2001 that became effective in July 2002.
The document discusses Pakistan's tax laws, noting that non-residents are not taxed on foreign income but the Federal Board of Revenue does tax Pakistani residents' foreign income. It also mentions capital value tax and super tax paid by companies as well as taxes paid by welfare organizations. The Income Tax Ordinance of 1979 was Pakistan's first income tax law, which was replaced in 2001 by the Income Tax Ordinance 2001 that became effective in July 2002.
The document discusses Pakistan's tax laws, noting that non-residents are not taxed on foreign income but the Federal Board of Revenue does tax Pakistani residents' foreign income. It also mentions capital value tax and super tax paid by companies as well as taxes paid by welfare organizations. The Income Tax Ordinance of 1979 was Pakistan's first income tax law, which was replaced in 2001 by the Income Tax Ordinance 2001 that became effective in July 2002.