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FBR's Latest Double Taxation Treaty | Expected interview question for Inspector Inland Revenue FBR 1 месяц назад


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FBR's Latest Double Taxation Treaty | Expected interview question for Inspector Inland Revenue FBR

Germany and Pakistan Agreement:- https://download1.fbr.gov.pk/Docs/201... #inspectorinlandrevenue #inspectoronlineclass #fbrpakistan #fbr #doubletaxation #taxinformation #taxnews playlist of interview video:-    • interview preparation of inspector in...   Germany and Pakistan Agreement:- https://download1.fbr.gov.pk/Docs/201... In this video I will share with you the latest information about FBR agreement with Germany for elimination of Double Taxation. This video will be helpful for the aspirants of inspector inland revenue which are waiting for interview which will be conducted by FPSC. In this video I have discuse the concept of double Taxation. What is meanty by Double TAxation, Example of double taxation, Double taxation agreements, FBR and Germany double taxation latest agreement, Federal Board of Revenue initiated re-negotiations on the Agreement for the Elimination of Double Taxation with respect to Taxes on Income and the Prevention of Tax Evasion and Avoidance between the Islamic Republic of Pakistan and the Federal Republic of Germany. In this connection tax delegations of both the countries met at Islamabad for the first round of negotiations from 18-22 September, 2023. The first draft of the Agreement was initialed by the respective heads of delegation on 22nd September, 2023 at Islamabad after detailed consultations and mutual agreement on key articles of the draft Agreement. PAKISTAN AND GERMANY SIGN CONVENTION FOR ELIMINATION OF DOUBLE TAXATION Federal Board of Revenue initiated re-negotiations on the Agreement for the Elimination of Double Taxation with respect to Taxes on Income and the Prevention of Tax Evasion and Avoidance between the Islamic Republic of Pakistan and the Federal Republic of Germany. In this connection tax delegations of both the countries met at Islamabad for the first round of negotiations from 18-22 September, 2023. The first draft of the Agreement was initialed by the respective heads of delegation on 22nd September, 2023 at Islamabad after detailed consultations and mutual agreement on key articles of the draft Agreement. It is pertinent to mention that the existing Agreement for the Avoidance of Double Taxation between Pakistan and Germany in practice was signed in 1994 and requires revision to cater to changing tax rules and regulations as per international and domestic needs. The revised Agreement once finalized will not only strengthen the existing safeguards against double taxation on the income of the residents of both the countries without creating opportunities for non-taxation or reduced taxation through abusive arrangements. It will also promote economic cooperation, strengthen the existing bilateral economic relations and enhance investments in both countries while ensuring adequate certainty in respect of taxation rules applicable to cross-border business transactions. Taxpayers of both countries will get relief from double taxation resulting in boosting up the trading activities in both the countries

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