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Pakistan To Sign Double Tax Treaties With Switzerland And Jordan

by Mary Swire, Tax-News.com, Hong Kong

08 July 2002

Pakistan's Central Board of Revenue revealed last week that double tax accords with both Switzerland and Jordan are in the pipeline for 2002.

Speaking on Friday, CBR spokesman, Vakil Ahmed Kahn announced that the agreements - designed to facilitate investment and benefit expatriate workers - are expected to be signed in October of this year.

Mr Kahn told the local media that:

'The Swiss authorities are going to visit Pakistan and they are in fact coming to reciprocate the visit which Pakistan paid earlier...it is hoped that the draft agreement will be finalised in October.'

With regard to the forthcoming double tax treaty with Jordan, the Revenue Board spokesman announced that a team from Pakistan's tax authority will be visiting Jordan in the third week of October to put the finshing touches to, and sign, the accord.

The Jordanian delegation visited Pakistan earlier this year to discuss the initial drafting of the agreement, Mr Kahn revealed.

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