OrbitaxPakistan Enacts Finance Act 2023 Including New Provisions for a Virtual PE and Windfall Taxes and Several Tax Rate Changes
|Approved Changes|Pakistan
Pakistan's Federal Board of Revenue (FBR) has published the Finance Act 2023, which received the assent of the President (was enacted) on 26 June 2023. The Finance Act 2023 contains the measures of Pakistan's Federal Budget 2023-2024, presented on 9 June 2023, with some adjustments. The measures of the Act generally enter into force on 1 July 2023, unless otherwise specified. The main measures…
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