On 8 December 2016, China and Pakistan signed an amending protocol to the Avoidance of Double Taxation Agreement. Mr. Wang Jun, Commissioner State Administration of Taxation (SAT) China and Mr. Nisar Muhammad, Chairman Federal Board of Revenue (FBR) Pakistan signed the third protocol on behalf of China and Pakistan respectively.
Muhammad, Chairman FBR, emphasized that the Tax Administrations of both countries should cooperate in various international issues like Multilateral Convention on Mutual Administrative Assistance in Tax Matters, Base Erosion and Profit Shifting (BEPS) Framework and other international and OECD initiatives.
Mr. Jun was mention that FBR and SAT must open new vista for mutual cooperation in various areas, including capacity building of the human resource.
