What is the Tax Treatment of the foreign government official-02126
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: What is the Tax Treatment of the foreign government official posted in Pakistan under section 43 of IT Ordinance 2001?
Answer:
Section 43 Foreign Government Officials
Salary of an employee of foreign government exempt provided:
- Employee citizen of foreign country and not a citizen of Pakistan.
- Services performed are similar to services performed by employees of the Federal Government in foreign countries and
- Foreign government also grants similar exemptions to employees of Federal Government. Define the employment as per its respective sections.