{"id":49893,"date":"2019-02-25T17:22:31","date_gmt":"2019-02-25T12:22:31","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=49893"},"modified":"2019-02-25T17:22:31","modified_gmt":"2019-02-25T12:22:31","slug":"taxation-treaties-with-38-countries-to-be-reviewed","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/taxation-treaties-with-38-countries-to-be-reviewed.html","title":{"rendered":"Taxation treaties with 38 countries to be reviewed"},"content":{"rendered":"<p>Islamabad: The federal government has decided to review an information-sharing agreement on taxation with at least 38 countries \u2013 a news source reported.<\/p>\n<p><strong>Read<\/strong>:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/fbr-amends-pak-swiss-dual-taxation-treaty.html\">FBR amends Pak-Swiss Dual Taxation Treaty<\/a><\/p>\n<p>These countries, namely, are Switzerland, Norway, Hong Kong, Holland, Italy, Japan, South Korea, Brunei, US, UK, Hungary, Germany, France, Finland, Denmark, Canada, Bosnia, Belgium, Egypt, Czech Republic, Nepal, Ukraine, Kazakhstan, Spain, Yemen, Vietnam, Turkmenistan, Tunisia, Turkey, Tajikistan, Thailand, Saudi Arabia, Syria, Sri Lanka, Singapore, Romania, Qatar, Portugal, Poland, Philippines, Oman, Nigeria, Morocco, Mauritius, Malta, Malaysia, Lebanon, Libya, Kuwait, Jordan, Ireland, Indonesia, Bangladesh, Bahrain, Azerbaijan, and Austria.<\/p>\n<p>The government plans to generate additional revenue through shipping companies. Pakistan and China have agreed to establish at least 29 special economic zones under the CPEC project.<\/p>\n<p>Reportedly, the revised taxation treaties will make it mandatory for Pakistanis to <a href=\"https:\/\/www.zameen.com\/news\/mandatory-to-include-foreign-income-figures-in-tax-returns.html\">pay a certain amount of tax <\/a>to the federal government on offshore properties and assets held by them. This taxable amount will have to be submitted to the shipping companies working in Pakistan.<\/p>\n<p><strong>Read<\/strong>:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/govt-seeks-info-on-pakistanis-holding-assets-in-russia-turkey.html\">Govt seeks info on Pakistanis holding assets in Russia, Turkey<\/a><\/p>\n<p>A summary to this effect will be forwarded to the federal cabinet for approval. Pakistani officials will then deliberate on the matter with the taxation authorities of the said countries.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The federal government has decided to review an information-sharing agreement on taxation with at least 38 countries \u2013 a news source reported. Read:\u00a0FBR amends Pak-Swiss Dual Taxation Treaty These countries, namely, are Switzerland, Norway, Hong Kong, Holland, Italy, Japan, South Korea, Brunei, US, UK, Hungary, Germany, France, Finland, Denmark, Canada, Bosnia, Belgium, Egypt, Czech Republic, Nepal, Ukraine, Kazakhstan, Spain, Yemen, Vietnam, Turkmenistan, Tunisia, Turkey, Tajikistan, Thailand, Saudi Arabia, Syria, Sri Lanka, Singapore, Romania, Qatar, Portugal, Poland, Philippines, Oman, Nigeria, Morocco, Mauritius, Malta, Malaysia, Lebanon, Libya, Kuwait, Jordan, Ireland, Indonesia, Bangladesh, Bahrain, Azerbaijan, and Austria. The government plans to generate additional revenue through shipping companies. Pakistan and China have agreed to establish at least 29 special economic zones under the CPEC project. Reportedly, the revised taxation treaties will make it mandatory for Pakistanis to pay a certain amount of tax to the federal government on offshore properties and assets held by them. This taxable amount will have to be submitted to the shipping companies working in Pakistan. Read:\u00a0Govt seeks info on Pakistanis holding assets in Russia, Turkey A summary to this effect will be forwarded to the federal cabinet for approval. Pakistani officials will then deliberate on the matter with&hellip;<\/p>\n","protected":false},"author":67,"featured_media":49894,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[10720],"persona":[],"class_list":{"0":"post-49893","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-taxation-treaties-with-38-countries-to-be-reviewed"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Taxation treaties with 38 countries to be reviewed - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The federal government has decided to review an information-sharing agreement on taxation with at least 38 countries \u2013 a news source reported.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/taxation-treaties-with-38-countries-to-be-reviewed.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Taxation treaties with 38 countries to be reviewed - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The federal government has decided to review an information-sharing agreement on taxation with at least 38 countries \u2013 a news source reported.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/taxation-treaties-with-38-countries-to-be-reviewed.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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