{"id":56954,"date":"2019-10-29T16:30:38","date_gmt":"2019-10-29T11:30:38","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=56954"},"modified":"2019-10-29T16:30:38","modified_gmt":"2019-10-29T11:30:38","slug":"uae-asked-to-share-details-of-pakistanis-enjoying-iqama-status","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/uae-asked-to-share-details-of-pakistanis-enjoying-iqama-status.html","title":{"rendered":"UAE asked to share details of Pakistanis enjoying iqama status"},"content":{"rendered":"<p>Islamabad: Federal Board of Revenue (FBR) Chairman Shabbar Zaidi has written another letter to the UAE authorities in an effort to devise a mechanism for sharing the details of Pakistani iqama-holders engaged in tax evasion \u2013 a news source reported.<\/p>\n<p>Read:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/dubai-land-department-to-share-details-of-pakistanis-owning-property-in-dubai-fbr-chairman.html\" target=\"_blank\" rel=\"noopener noreferrer\">Dubai Land Department to share details of Pakistanis owning property in Dubai: FBR Chairman<\/a><\/p>\n<p>In the letter to the UAE Ministry of Finance, Zaidi pointed out that schemes like Residence by Investment (RCI) allow people to circumvent reporting of bank and financial account information under the OECD\u2019s Common Reporting Standard (CRS) framework. He contended that this allowed them to evade taxes.<\/p>\n<p>He added that the issue is of critical importance to Pakistan, since it impedes their ability to access actionable bank account information of tax evaders purportedly hiding behind UAE-Iqama based residential status.<\/p>\n<p>Earlier, Pakistan had requested information on 5000 to 14000 Pakistanis who had invested in UAE properties worth billions of dollars. Some of these <a href=\"https:\/\/www.zameen.com\/news\/fbr-gets-data-of-pakistanis-acquiring-uae-residential-permits.html\">details had been shared by the UAE authorities<\/a> at the time, but the details on their iqama status were not shared.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Federal Board of Revenue (FBR) Chairman Shabbar Zaidi has written another letter to the UAE authorities in an effort to devise a mechanism for sharing the details of Pakistani iqama-holders engaged in tax evasion \u2013 a news source reported. Read:\u00a0Dubai Land Department to share details of Pakistanis owning property in Dubai: FBR Chairman In the letter to the UAE Ministry of Finance, Zaidi pointed out that schemes like Residence by Investment (RCI) allow people to circumvent reporting of bank and financial account information under the OECD\u2019s Common Reporting Standard (CRS) framework. He contended that this allowed them to evade taxes. He added that the issue is of critical importance to Pakistan, since it impedes their ability to access actionable bank account information of tax evaders purportedly hiding behind UAE-Iqama based residential status. Earlier, Pakistan had requested information on 5000 to 14000 Pakistanis who had invested in UAE properties worth billions of dollars. Some of these details had been shared by the UAE authorities at the time, but the details on their iqama status were not shared.<\/p>\n","protected":false},"author":57,"featured_media":26795,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[13661],"persona":[],"class_list":{"0":"post-56954","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-uae-asked-to-share-details-of-pakistanis-enjoying-iqama-status"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>UAE asked to share details of Pakistanis enjoying iqama status - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: Federal Board of Revenue (FBR) Chairman Shabbar Zaidi has written another letter to the UAE authorities in an effort to devise a mechanism for\" \/>\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\/uae-asked-to-share-details-of-pakistanis-enjoying-iqama-status.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UAE asked to share details of Pakistanis enjoying iqama status - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: Federal Board of Revenue (FBR) Chairman Shabbar Zaidi has written another letter to the UAE authorities in an effort to devise a mechanism for\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/uae-asked-to-share-details-of-pakistanis-enjoying-iqama-status.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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