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Accountancy Forum The Profession Tax v
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Earnings going to foreign account

 
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Earnings going to foreign account
frraaz
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#1
05-31-2010, 03:57 AM
Salaam,

I want to start an IT business that does export of services. Since my clients will not be in Pakistan I might be creating a foreign bank account and keeping my income in that account (probably so I can also make expenditures directly from that account). Now I want to know whether I can show my income on a foreign bank account statement? Will they accept this (just to show income, as obviously tax is exempted from this industry)

Regards,
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