Real Estate

FBR Uncovers Offshore Assets of Pakistani Nationals in Dubai

According to recent news, Federal Bureau of Revenue (FBR) has procured information on those Pakistani’s with assets in Dubai. Using the identity card numbers of said Pakistanis, the FBR was able to uncover property and assets worth billion owned there by these nationals.

Reports have said that these nationals have been issued notification in order to assemble their details according to tax returns and wealth statements.

Prior to all this, the FBR had already declared it would be able to gain access to offshore assets of Pakistani nationals from 1st September 2018.

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