May 22, 2022
The United States and Turkey have agreed to terms for withdrawal of Turkey’s digital services tax that largely targeted highly profitable U.S. technology giants and will transition to a new global taxation agreement in 2023,…
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What is Inflation? Inflation is an increase in the general price level of goods and services. When there is inflation in an economy, the value of money decreases because a given amount will buy fewer goods…
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The average price of petrol worldwide is 206.27 Pakistan Rupee per liter. However, there is substantial difference in these prices among countries. As a general rule, richer countries have higher prices while poorer countries and…
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The online tax glossary is here to help you understand terms which may be unfamiliar, and to get tax terms explained in a plain and simple way. We have put together many of the most…
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Federal Board of Revenue (FBR) has withdrawn all the appeals pertaining to income tax exemption on inward foreign remittances. In order to implement the decision the revenue body issued, Circular No. 05, Dated: 30th August 2021…
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Here, Tax deadlines for 2021, Income Tax Due dates or Tax Calendar is given for Individuals, Association of Persons (AOPs) and Company (Corporate Sector) of Pakistan and for World Corporate Income Tax deadlines for all…
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Google has told users it will increase advertising rates on its French and Spanish platforms by 2% from May to help eliminate the effects of the digital tax on profits. France has collected taxes from…
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This is the list of countries by inheritance tax rates and tax rates on the amount of gift. Inheritance tax is also termed as estate tax in some countries. Inheritance tax is normally charged to the…
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Country Name Continent Name Tax Rate United Arab Emirates* Asia 55% Comoros Africa 50% Puerto Rico North America 37.5% Suriname South America 36% Chad Africa 35% Democratic Republic of the Congo Africa 35% Equatorial Guinea…
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