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Supreme Court of Pakistan Rules on Scope of Shipping and Air Transport Income Under Tax Treaties with Belgium and Denmark

|Treaty Development|Pakistan-Belgium-Denmark
Pakistan-Belgium-Denmark

On 12 January 2024, the Supreme Court of Pakistan issued an judgment concerning the scope of income covered by Article 8 (Shipping and Air Transport) of the 1980 tax treaty with Belgium and Article 8 (Profits From International Traffic) of the 1987 tax treaty with Denmark. The case involved two non-resident shipping companies incorporated in Belgium and Denmark (the respondents) that claimed t…

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