On 26th of April 2017, Pakistan and Bulgaria signed an Agreement on Avoidance of Double Taxation (DTA) and prevention of fiscal evasion with regard to taxes on Income after the conclusion of second round of negotiations in Islamabad. It will also provide certainty of tax treatment in each country so that the investors feel free from any fear or apprehension. Moreover, through the exchange of information mechanism, information could be obtained on request basis for the administration or enforcement of the domestic laws which will help minimize the possibility of tax evasion.
Iceland presents fiscal plan for 2018 to 2020
Czech Republic, Ghana sign DTA
Related Posts
Bulgaria joins OECD tax assurance programme
The OECD has announced, on 17 March 2026, that Bulgaria has joined the International Compliance Assurance Programme (ICAP), bringing the total number of participating countries to 24. ICAP is a voluntary programme designed to enable multinational
Read MoreBulgaria enacts crypto-asset reporting framework, automatic exchange of financial account information
Bulgaria has published Decree No. 61 of 25 February 2026, enacting the law ratifying the Multilateral Competent Authority Agreement on Automatic Exchange of Information under the Crypto-Asset Reporting Framework (CARF MCAA) and the Addendum to the
Read MoreBulgaria consults VAT amendments on EU small business scheme, euro transition
The Bulgarian National Revenue Agency (NRA) launched a public consultation on proposed amendments to the Regulations for Application of the Value Added Tax (RAVATA) on 10 February 2026. Under the EU small business regime, Bulgarian-established
Read MoreBulgaria: National Assembly ratifies CARF MCAA crypto-asset information exchange
Bulgaria's National Assembly ratified the Multilateral Competent Authority Agreement on Automatic Exchange of Information under the Crypto-Asset Reporting Framework (CARF MCAA) on 18 February 2026. The Crypto-Asset Reporting Framework (CARF) is a
Read MorePakistan: Federal Constitutional Court upholds super tax
In a landmark judgement the federal constitutional court hearing the cases involving section 4B and 4C of the income tax ordinance 2001 (super tax cases), upholding super tax which is expected to fetch revenue to the tune of PKR 300 billion to the
Read MoreLithuania: Government ratifies tax treaty with Pakistan
Lithuania’s government approved the ratification of the income tax treaty with Pakistan on 21 January 2026. Signed on 23 September 2025, this tax treaty aims to prevent double taxation and strengthen measures against tax evasion and profit
Read More