The Pakistan Federal Board of Revenue (FBR) has introduced a new tax procedure called the "Tajir Dost (Special) Procedure 2024" aimed at taxing small traders and shopkeepers. This procedure applies starting from 1 April 2024, with advance tax

As authors of several studies that estimate the tax revenue impact of Amount A for various countries and compare the Amount A impact with revenues from a model digital service tax (DST) regime, we observed certain patterns that hold true for various

The Pakistan Federal Board of Revenue (FBR) issued new regulations requiring withholding agents to update their profiles and integrate approved software for transactions subject to withholding tax. The rules, introduced for the Synchronized

In October 2021, over 135 jurisdictions joined OECD’s two-pillar solution to reform the international taxation rules and ensure that multinational enterprises pay a fair share of tax wherever they operate and generate profits. The global

On 19 February 2024 the OECD published the Secretary General’s tax report to the G20 Finance Ministers and Central Bank Governors for their meeting of February 2024. The report covered important international tax developments since their previous

On 26 February 2024 the OECD published the responses received on the proposed guidance to support developing countries in addressing risks of base erosion and profit shifting in pricing lithium. Comments were received from eleven government and