05-07-2010, 01:33 AM
Is this correct that Association of Persons (AOP) company can benefit from this tax exemption.
Income from exports of computer software or IT services or IT enabled services is exempt from tax upto the period ending on 30th day of June, 2016.(See Clause 133 of Second Schedule of ITO,2001)
So this means no corporation tax to pay. Correct?
How would the companies profits be divided between partners? Is dividend tax applicable to AOP. is there any document on internet which tells me how AOP works in terms of taxes etc?
I am from outside pakistan but a pakistani citizen.
Appreciate your help.
regards,
triwhdxk
Income from exports of computer software or IT services or IT enabled services is exempt from tax upto the period ending on 30th day of June, 2016.(See Clause 133 of Second Schedule of ITO,2001)
So this means no corporation tax to pay. Correct?
How would the companies profits be divided between partners? Is dividend tax applicable to AOP. is there any document on internet which tells me how AOP works in terms of taxes etc?
I am from outside pakistan but a pakistani citizen.
Appreciate your help.
regards,
triwhdxk