Tax system in Pakistan

Re: Tax system in Pakistan

Okay, thanks

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  1. No such tax here as well. [/QUOTE]

Interesting, so it means if Benazir and Zardari moved billions out of Pakistan and invested in London real estate, stocks, bonds/funds then any interest/income is tax free for them in Pakistan?

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3. I think age limit is 18 years. As legally nobody is allowed to work before the age of 18. The wealth tax has been withdrawn long time ago but there is property tax here.
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What about property tax? If property is transferred to child does it mean no property tax as well???