Company Register in Pakistan
Company Register in Pakistan . Taxpayer: Company, Tax Number: 45197337 Tax FBR also confirmed it and said the tax amount reflects profits for the purposes of taxation. An important point worth mentioning here is that in Pakistan an investment has to be shown as an asset and cannot be recorded as revenue gain. Tax FBR has to recognize it as revenue only if it records profit or income. Like other foreign investments, the tax paid by Gazprom also got registered on the FBR’s taxpayer database. According to FBR officials, the tax paid by Gazprom has not been registered as it has not been received yet. “If we receive the return in future, the tax will be registered on the taxpayer’s FBR database and if the taxes are not paid in future, the tax amount can be recovered,” said an FBR official who has dealt with foreign investments for many years. But, in general, tax authorities cannot recover taxes on a foreign investment until the assets are repatriated. NAB is also investigating the ta...