Treatment of Salary through employment Exercised in Pakistan:
Salary received by Mr. Kim will be Taxable under (Section 101) "Pakistan
Source Income" of the
Income Tax Ordinance 2001.
Additional Explanation:
As Samsung which is a foreign company but have a branch office in
Pakistan its means that Samsung is working in Pakistan through Permanent
Establishment in Pakistan so it will be a resident company here and any
salary paid by a resident company is Pakistan Source income and also any
salary which can be earn through employment exercised in Pakistan will be
chargeable to tax under Pakistan Source Income.
Assalam-o-Alaikum!As you people know that GDB No. 2 of FIN623 has been announced and its due date is Tuesday, May 31, 2011. So lets discuss our opinions....and our views....Here is the question"--Samsung has a branch office in Pakistan. Mr. Kim, who is the employee of head office, is dedicated to perform services for the Pakistan branch office. What will be the tax treatment of salary received by Mr. Kim according to Income Tax Ordinance 2001?"
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