RIYADH: The governments of Cyprus and Saudi Arabia signed a tax treaty on January 3, Cyprus’s Ministry of Finance has reported. The new tax pact is based on the OECD Model Convention for the Avoidance of Double Taxation on Income and on Capital, the ministry said.
The ministry also reported that that new agreement includes provisions on exchange of financial and other information for tax purposes.
The treaty, which is not yet in force, was signed in in Riyadh.
LAHORE: Pakistan’s northern trade gateway witnessed record-breaking performance, with Customs authorities collecting nearly Rs15 billion in revenue from imports through...
ISLAMABAD: The Pakistan Single Window (PSW) and the Pakistan Airports Authority (PAA) have signed a Memorandum of Understanding to digitalize...
KARACHI: Producing a Rs5,000 or Rs1,000 currency note costs Rs14, State Bank of Pakistan officials told the Senate Standing Committee...
ISLAMABAD: Pakistan received more than $763 million in external financial assistance during July, the first month of the current fiscal...
