Pakistan's Federal Board of Revenue has issued a clarification on the tax exemption for exported IT services, including a proposal to shift the exemption to a tax credit regime.
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FBR ISSUES THE CLARIFICATION ON TAX EXEMPTION FROM INCOME OF EXPORTED IT SERVICES
Federal Board of Revenue (FBR) has clarified news circulating on social media about a proposal to withdraw exemption available to income from exports of computer software or IT services or IT enabled services. FBR has clarified t…