Come into force _ News Channel _ China accounting perspective network since April 24 Third Protocol to the Agreement _ Pakistani people for the accounting required - CPA | Certified Tax | Accounting titles | Senior Accountant | Accounting practitioners

"The Third Protocol to the Agreement between the Government of the People's Republic of China and the Government of the Islamic Republic of Pakistan on the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes" (hereinafter referred to as the "Third Agreement on the CMB") in 2016 Officially signed in Islamabad. The Third Protocol of the CMB Agreement provides that, In Pakistan for "the Government of the People's Republic of China and the Government of the Islamic Republic of Pakistan Corridor energy Cooperation agreement "mentioned in the energy project Interest may be exempted from income tax in Pakistan in accordance with Article 11 (3) of the CMB Agreement and Article II of the CMB Agreement. The two countries have completed their respective domestic legal procedures necessary for the entry into force of the entry into force of the Third Protocol of the CMB Agreement. The Second Protocol of the CMB Agreement Effective implementation.