Update - Pakistan Supreme Court Orders Payment of 4% Super Tax
The Supreme Court of Pakistan issued an order on 16 February 2023 requiring high-earning persons to pay super tax at the rate of 4%. As previously reported, high-earnings persons in specified industries were required to pay a 10% super tax for the tax year 2022 where income exceeds PKR 300 million. This was appealed to the Lahore High Court, which issued an injunction on collections. This was a…
Continue Reading