Pakistan: Supreme Court rules against increase in sales tax

11 July, 2013

The Supreme Court (SC) ruled on 21 June 2013, that the government was not ratified to impose or increase sales tax from 16% to 17% on the value of taxable supplies by way of declaration under section 3 of the Provisional Collection of Taxes Act 1931

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Pakistan: the FBR issues a Circular clarifying withholding tax provisions

05 February, 2013

The Pakistan Income Tax Ordinance 2001 (ITO) was amended by Finance Act 2012 to consolidate all withholding tax provisions regarding non-residents. The Pakistan Federal Board of Revenue (FBR) issued Circular No. 1(31)/WHT/2012 dated 16 November 2012

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Czech Republic and Pakistan initial a DTA

24 October, 2012

On October 19, 2012, according to media reports, the Czech Republic and Pakistan initialled a double taxation agreement

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