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06 January 2005 Thursday 24 Ziqa'ad 1425



Taxation pact with Bosnia

By Our Reporter


ISLAMABAD, Jan 5: The federal cabinet has ratified the convention for the avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income with Bosnia and Herzegovina.

An official in the Central Board of Revenue (CBR) told Dawn on Wednesday that the draft was already initialled by the representatives of the two countries in July 2004. He said that the agreement would be implemented in letter and spirit following the ratification and approval of the Bosnian government.


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