16 August 2016

Pakistan amends taxation of real estate investments

Pakistan released a presidential order, effective from July 31, to shorten the proposed five-year holding period of assessment of the 10% capital gains tax on disposition of real property to three years.

A Tax Alert prepared by EY's Global Tax Desk Network, attached below, provides additional details.

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ATTACHMENT

Full text of Tax Alert 2016-1405

Document ID: 2016-1405