Pakistani Business Taxes And Compliance

Depending on the nature of the transaction, several taxes may apply to business transactions. Income taxes, whether personal or corporate, sales taxes on goods, and customs duties all fall under the purview of the federal government. The Federal Board of Revenue (FBR) is the federal government’s tax collection agency. Provinces, on the other hand, collect sales tax on services. The revenue collection agencies for sales tax on services are as follows:

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