Savak
World Star
- Joined
- Feb 16, 2006
- Runs
- 50,166
- Post of the Week
- 3
I personally don't see the issue with this, most countries around the world have taxation treaties i.e. Canada-USA, USA-UK, Canada-UK e.t.c. and these treaties are designed to prevent double taxation and to give you a foreign tax credit.
Besides, this will also be a good way for overseas Pakistani's to pay some taxes to the Pakistani Govt in addition to the record remmittances they send.
The only fear and problem is the corruption in the FBR and Overseas Pakistani's could face harrassment by corrupt tax officials in FBR. But i anticipate that most overseas Pakistani's will enjoy a foreign tax credit and if they owe some taxes in Pakistan, it should not be unaffordable for those earning in Dollars and Pounds.
But if this is the price to pay in exchange for obtaining Overseas Voting Rights in Pakistani Elections, i am all for it.
Overall a win win situation for everyone.
Besides, this will also be a good way for overseas Pakistani's to pay some taxes to the Pakistani Govt in addition to the record remmittances they send.
The only fear and problem is the corruption in the FBR and Overseas Pakistani's could face harrassment by corrupt tax officials in FBR. But i anticipate that most overseas Pakistani's will enjoy a foreign tax credit and if they owe some taxes in Pakistan, it should not be unaffordable for those earning in Dollars and Pounds.
But if this is the price to pay in exchange for obtaining Overseas Voting Rights in Pakistani Elections, i am all for it.
Overall a win win situation for everyone.