03-30-2007, 05:40 PM
A company purchased equipment from Malaysia. The price of the equipment is $ 4,000. Now the company wants to make the payment. However, the company canât make payment through his bank because the company donât have a US$ account. Company can use private money exchanger but they canât make TT on behalf of the company. They can make TT on behalf of an individual.
So please let me know how can the company make payment to the above party? And what will be the rate of income tax (deduction at source)?
I shall be thankful for an early response.
Zia ur Rahman
Islamabad.
So please let me know how can the company make payment to the above party? And what will be the rate of income tax (deduction at source)?
I shall be thankful for an early response.
Zia ur Rahman
Islamabad.
