Pakistan Targeting Panama, Bahamas Leaks Taxpayers
by Mary Swire, Tax-News.com, Hong Kong
20 October 2016
Pakistan's Finance Minister, Mohammad Ishaq Dar, has directed the Federal Board of Revenue to approach the tax authorities of nine territories about information in the Panama and Bahamas leaks.
Pakistan is to seek information from Anguilla, the Bahamas, the British Virgin Islands, Jersey, Mauritius, Niue, Panama, Samoa, and Seychelles. He said it will seek information about the bank accounts, business assets, and investments of Pakistani nationals and entities named in the leaks.
Nisar Muhammad, the Chairman of the FBR, informed Dar at a October 18 meeting that the FBR has already issued notices to those named in the leaks.
To see today's news, click here.
Tax-News Reviews
A review and forecast of Cyprus's international business, legal and investment climate.
A review and forecast of Malta's international business, legal and investment climate.
A review and forecast of Jersey's international business, legal and investment climate.
A review of the latest budget news and government financial statements from around the world.
Stay Updated
Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.
By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.
To manage your mailing list preferences, please click here »
Network Blogs and Features
- Big changes Afoot... »
- I.T. is IT! »
- What Is a Registered Agent, and Why You Need a Registered Agent for Your Business? »
- Spring Cleaning? »
- Brexit and Covid and Tax, Oh My! »
- Why is the Hong Kong startup ecosystem growing rapidly? »
- Happy Holidays? »
- COVID Continues To Capture Headlines »
- Taxing The Zeroes And Ones »
- Value Added News... »