Hi
I have to ask one thing that about
Double TAXATIOn
A company like COCA COLA is taxed doubly as once in PAkistan and again in USA in a same year on same transaction.
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WISH YOU ALL THE BEST
*****Allah Hafiz*****
KHURRAM JAMAL SHAHID(MBA)
***ISLAMABAD PAKISTAN***
It is the case but then there are certain Double Taxation reliefs available in every country.
Generally, most countries have a double taxation agreement.
Generally, these agreements allow relief for the other countries taxation.
In practice this generally means you will pay tax to the higher of either country and no more.
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Matthew
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