‘Rental income, capital gains earned by resident Pakistanis from UAE, UK not taxable in Pakistan’

The Appellate Tribunal Inland Revenue (ATIR) has ruled that rental income and capital gains earned by resident Pakistanis from the United Arab Emirates (UAE) and the United Kingdom (UK) are not taxable in Pakistan under the tax treaties with these countries. 

According to a news report, the tribunal upheld that taxing rights for such income rest exclusively with the country where the income…