Payment To Non Residents - Section 152
Friday, July 2, 2010
- Tax @ 15 % - Covered under FTR
- Tax @ 6 % - Covered under FTR
- Tax @ 5 % - Covered under FTR
- Tax @ 30 % - Covered under FTR
- An amount is subject to deduction of tax under section 149, 150, 153,155 ,156 or 233;
- Written approval of the Commissioner provided by non-resident, that amount is taxable to a permanent establishment in Pakistan of the non-resident person;
- Amount is payable by a person who is liable to pay tax on the amount as representative of the non-resident person;
- Non-resident person is not chargeable to tax in respect of the amount.
- (a) the name and address of the non-resident person; and
- (b) the nature and amount of the payment.
- (i) the supply is made by the head office outside Pakistan of a person to a permanent establishment of the person in Pakistan;
- (ii) the supply is made by a permanent establishment of the person outside Pakistan to a permanent establishment of the person in Pakistan;
- (iii) the supply is made between associates; or
- (iv) the supply is made by a resident person or a Pakistan permanent establishment of a non-resident person; or
Labels: Payment To Non Residents, Section 152, Withholding Tax, withholding tax agent
posted @ 4:08 PM,
3 Comments:
- At March 3, 2011 at 10:48 AM, said...
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Question: A foreign supplier (non-resident) i.e.principal has a local agent in pakistan (resident). The principal supplied machinery to an Organization directly from abroad. He says that payment may be made to his local agent in pakistan in pak rupees, who will remit the same to his principal afterwards.
Please intimate whether income tax at source will be deducted from his claim by the paying agency (withholding agency) or not. What will be the rate of withholding tax if tax is to be deducted.
Thanks a lot
Manager Finance - At March 21, 2018 at 4:37 PM, Non-Residential said...
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Very nice information.
Ajay Sawhney and Associates provides services for Non Resident Indian in Delhi, India. We are offering services related to corporate and investment for NRIs and advice on Joint Ventures, Management Consultancy, and Accounting Services that providing to our clients. - At February 13, 2019 at 5:26 AM, vvarun said...
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