Pakistan enjoys international tax treaties with number of foreign countries. Under these treaties residents of foreign countries are taxed at a reduced rate and are also offered certain tax credit or complete exemption from tax to avoid unfair tax burden. READ MORE->
Common Tax treaties with foreign countries;
The globalization of trade and investment profoundly affects the practices and policies of international taxation. Tax advisers, tax professors, and government tax officials increasingly operate in a multinational world in which knowledge of only domestic rules is inadequate. If you’re operating across borders, or competing in multiple jurisdictions, complying with local tax laws, reporting requirements and statutory filings — not to mention staying on top of new legislative developments — is more than a full-time job for your tax department.
But compliance is only half of the equation. In a world of intensified global competition, the key to business success is keeping your tax strategy agile and aligned with your corporate strategy — while keeping an eye on your worldwide effective tax rate.
PATS qualified international tax professionals have the resources, experience and local competencies to help companies like yours address your cross-border needs. With our legal, transfer pricing, tax controversy, and indirect tax teams, we are superbly qualified to assist you with aspects of your international taxation needs.