{"id":66195,"date":"2020-06-04T14:58:50","date_gmt":"2020-06-04T09:58:50","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=66195"},"modified":"2020-06-04T14:58:51","modified_gmt":"2020-06-04T09:58:51","slug":"fbr-refutes-reports-pakistan-uk-tax-authorities-odds","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/fbr-refutes-reports-pakistan-uk-tax-authorities-odds.html","title":{"rendered":"FBR refutes reports of Pakistan, UK tax authorities being at odds"},"content":{"rendered":"\n<p>Islamabad: The Federal Board of Revenue (FBR), through a Facebook notification, recently refuted the reports alleging that the Pakistan and United Kingdom (UK) tax authorities were at odds \u2014 with the authority referring to the concerns raised regarding Pakistan\u2019s losing capacity to nab tax evading multi-national companies.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/uk-asks-pakistan-remove-hurdles-audit-mncs.html\" target=\"_blank\" rel=\"noreferrer noopener\">UK asks Pakistan to remove hurdles in audit of MNCs<\/a><\/p>\n\n\n\n<p>As per the authority\u2019s notification, the FBR and its UK Counterpart HMRC enjoy cordial relations. The two authorities are also currently in discussions to start a new programme that will further boost the Tax Inspectors Without Borders (TIWB) initiative.<\/p>\n\n\n\n<p>In addition, the two government agencies have been partnered since 2014, and have used this longstanding partnership to expand a small capacity building programme to international levels. This includes access to the technical expertise offered by the TIWB and the World Customs Organisation.&nbsp;&nbsp;<\/p>\n\n\n\n<p>The notification further revealed that the last TIWB mission came to Pakistan in October last year, and subsequently stopped because of the coronavirus pandemic \u2014 not because of some legal or administrative issues.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/tax-information-processing-unit-set-up-at-fbr.html\" target=\"_blank\" rel=\"noreferrer noopener\">Tax Information Processing Unit set up at FBR<\/a><\/p>\n\n\n\n<p>Similarly, Pakistan is a signatory of the Convention on Mutual Administrative Assistance that is aimed at allowing for automatic exchange of information. As Pakistan is an active member of the convention, the automatic exchange of information has been proceeding without any hurdles.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Federal Board of Revenue (FBR), through a Facebook notification, recently refuted the reports alleging that the Pakistan and United Kingdom (UK) tax authorities were at odds \u2014 with the authority referring to the concerns raised regarding Pakistan\u2019s losing capacity to nab tax evading multi-national companies. Read: UK asks Pakistan to remove hurdles in audit of MNCs As per the authority\u2019s notification, the FBR and its UK Counterpart HMRC enjoy cordial relations. The two authorities are also currently in discussions to start a new programme that will further boost the Tax Inspectors Without Borders (TIWB) initiative. In addition, the two government agencies have been partnered since 2014, and have used this longstanding partnership to expand a small capacity building programme to international levels. This includes access to the technical expertise offered by the TIWB and the World Customs Organisation.&nbsp;&nbsp; The notification further revealed that the last TIWB mission came to Pakistan in October last year, and subsequently stopped because of the coronavirus pandemic \u2014 not because of some legal or administrative issues. Read: Tax Information Processing Unit set up at FBR Similarly, Pakistan is a signatory of the Convention on Mutual Administrative Assistance that is aimed at allowing for&hellip;<\/p>\n","protected":false},"author":57,"featured_media":61403,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15015],"tags":[30873,30874],"persona":[],"class_list":{"0":"post-66195","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-legal-taxation","8":"tag-fbr-refutes-reports-of-pakistan","9":"tag-uk-tax-authorities-being-at-odds","10":"cat-15015-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FBR refutes reports of Pakistan, UK tax authorities being at odds - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The Federal Board of Revenue (FBR), through a Facebook notification, recently refuted the reports alleging that the Pakistan and United Kingdom (UK) tax authorities were at odds \u2014 with the authority referring to the concerns raised regarding Pakistan\u2019s losing capacity to nab tax evading multi-national companies.\" \/>\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\/fbr-refutes-reports-pakistan-uk-tax-authorities-odds.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FBR refutes reports of Pakistan, UK tax authorities being at odds - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The Federal Board of Revenue (FBR), through a Facebook notification, recently refuted the reports alleging that the Pakistan and United Kingdom (UK) tax authorities were at odds \u2014 with the authority referring to the concerns raised regarding Pakistan\u2019s losing capacity to nab tax evading multi-national companies.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/fbr-refutes-reports-pakistan-uk-tax-authorities-odds.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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