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PTBA Urges to Resolve Confusion Over Foreign Property Income Tax - Printable Version

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PTBA Urges to Resolve Confusion Over Foreign Property Income Tax - TaxationPk - 01-03-2025

PTBA Urges to Resolve Confusion Over Foreign Property Income Tax

The Pakistan Tax Bar Association (PTBA) has called for the formation of a larger bench under Rule 3(2) of the Appellate Tribunal Inland Revenue (ATIR) (Functions) Rules, 2023, to address conflicting rulings on the taxation of foreign property income. The PTBA cites a 1997 precedent that highlighted the risks of “complications, confusion, and chaos” when […]


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