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May 17, 2007 Thursday Rabi-us-Sani 29, 1428





Tax agreement



By Our Reporter


ISLAMABAD, May 16: Pakistan and Japan have revised the existing agreement for avoidance of double taxation on income and prevention of fiscal evasion, a tax official said on Wednesday.

The existing agreement was not fulfilling the requirements of the present regime. Therefore, both the countries had recently renegotiated the agreement.

The new agreement would be signed by representatives of the two countries here on Thursday, the official said.






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