Under which conditions any royalty is treated as Pakistan source-02123
This subjective question is related to the book/course
vu mgt602 Entrepreneurship.
It can also be found in
vu mgt602 Mid Term Solved Past Paper No. 2.
Question 1: Under which conditions any royalty is treated as Pakistan source income if it is paid by:
- Resident person
- Non-resident person
Answer:
- A royalty shall be Pakistan-source income if it is:
- Paid by resident person, except where the royalty is payable in respect of any right, property, or information used, or services utilized for the purposes of a business carried on by the resident outside Pakistan through a permanent establishment; or
- Borne by a permanent establishment in Pakistan of a non-resident person
