An agreement was signed between Pakistan and Germany to prevent double taxation and tax evasion.
In this regard, talks were held in Islamabad between the Federal Board of Revenue and German tax authorities in Islamabad.
An agreement to prevent double taxation and tax evasion was signed between Pakistan and Germany in 1994. In view of the changes in tax laws and regulations, it was agreed to adapt the agreement to the new requirements.
The agreement will promote bilateral economic cooperation, investment and trade. The agreement will save taxpayers from double taxation between Pakistan and Germany.
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