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+--- Thread: Supreme Court Rules Software Payments as Exempt from Tax (/topic-supreme-court-rules-software-payments-as-exempt-from-tax)
Supreme Court Rules Software Payments as Exempt from Tax - TaxationPk - 12-18-2024
Supreme Court Rules Software Payments as Exempt from Tax
The recent ruling by Pakistan’s Supreme Court reclassifying payments for software usage as “business income” rather than “royalties” marks a pivotal moment in the country’s tax law landscape. This verdict resolves a longstanding debate, providing clarity for businesses involved in cross-border software transactions. The case revolved around M/s Inter Quest Informatics Services, a Netherlands-based company, […]
https://taxationpk.com/supreme-court-rules-software-payments-as-business-income-not-royalties/