Home / Economy / FBR lines 50,000 international financial institution accounts owned by means of Pakistanis

FBR lines 50,000 international financial institution accounts owned by means of Pakistanis

The Federal Board of Earnings is all set to release a crackdown in opposition to tax defaulters.

Assets within the FBR showed Wednesday evening that 50,000 international financial institution accounts had been traced which can be being held by means of Pakistanis.

The supply added that knowledge in regards to the id of Pakistanis proudly owning belongings in another country might be taken from NADRA.

The accounts traced up to now are being operated in Spain, Italy, France, Germany and different nations.

Many of the financial institution accounts are held by means of the folks of Karachi, Lahore and Islamabad, the FBR supply stated, including that 867 houses of Pakistani nationals in Dubai price Rs38 billion had been additionally traced.

Related: The FBR is going after tax evaders with assets abroad

The FBR had offered the tax amnesty scheme to widen the tax web. As a part of the scheme, Pakistanis may claim property in another country with none repercussions.

 

 


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