Pakistan's Federal Board of Revenue has issued a release announcing that it has decided to grant a one-time declaration filing opportunity for taxpayers who paid their tax under the Assets Declaration Ordinance 2019 but were unable to file their declarations. The Ordinance originally provided tax amnesty for the declaration of undisclosed assets, sales, and expenditure by 30 June 2019. Disclosed amounts were subject to tax at reduced rates of 1.5% to 6.0% depending on type if paid by that date, although payments could be made up to 30 June 2020, subject to additional surcharges. --- FBR GRANTS RELAXATION IN FILING...