In Pakistan Sample Clauses
In Pakistan. (a) in respect of taxes withheld at source, in respect of amounts paid or credited on or after the first day of July next following the date upon which the Agreement enters into force;
(b) with regard to other taxes, in respect of tax years beginning on or after the first day of July next following the date upon which the Agreement enters into force; and
In Pakistan. (i) with respect to taxes withheld at source, for amounts taxable on or after 1st January of the calendar year next following that in which the Convention enters into force; and
(ii) with respect to all other taxes, for the tax year beginning on or after 1st July of the calendar year next following that in which the Convention enters into force.
In Pakistan. (i) with regard to taxes withheld at source, in respect of amounts paid or credited after the end of the calendar year in, which such notice is given; and
(ii) with regard to other taxes, in respect of taxable years beginning after the end of the calendar year in which such notice is given.
In Pakistan. (i) with respect to taxes withheld at source, for amounts taxable on or after 1st January of the calendar year next following that in which the notice is given; and
(ii) with respect to all other taxes, for the tax year beginning on or after 1st July of the calendar year next following that in which the notice is given. IN WITNESS WHEREOF the undersigned, being duly authorised thereto by their respective Governments, have signed this Convention. DONE in duplicate at Islamabad this twenty-third day of January, 2008, in the English language. For the Government For the Government of Japan : of the Islamic Republic of Pakistan: Xxxxx Xxxxxx Xxxxxxxx Xxxxx At the signing of the Convention between Japan and the Islamic Republic of Pakistan for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income (hereinafter referred to as “the Convention”), the Government of Japan and the Government of the Islamic Republic of Pakistan have agreed upon the following provisions, which shall form an integral part of the Convention.
1. With reference to paragraph 3 of Article 7 of the Convention: It is understood that no deduction shall be allowed in respect of amounts paid or charged (other than reimbursement of actual expenses) by a permanent establishment of an enterprise to the head office of the enterprise or any other offices thereof, by way of:
(a) royalties, fees or other similar payments in return for the use of patents or other rights;
(b) commission, for specific services performed or for management; and
(c) interest on money lent to the permanent establishment; except where the enterprise is a banking institution.
2. With reference to paragraph 2 of Article 8 of the Convention: It is understood that the provisions of the paragraph shall not be interpreted as restricting the powers of taxation of the Provincial Governments in Pakistan.
3. Where, pursuant to any provision of the Convention, a Contracting State reduces the rate of tax on, or exempts from tax, income of an individual who is a resident of the other Contracting State and under the laws in force in that other Contracting State that individual is subjected to tax by that other Contracting State only on that part of such income which is remitted to or received in that other Contracting State, then the reduction or exemption shall apply only to so much of such income as is remitted to or received in that other Contracting State.
4. Nothing in the Convention shall p...
In Pakistan as respects income-tax and super-tax, for any year of assessment beginning on or after the first day of July in the calendar year next following that in which the notice is given.
In Pakistan. (i) the income tax;
(ii) the super tax; and
(iii) the surcharge; (hereinafter referred to as "Pakistan tax").
In Pakistan. (hereinafter called "the CONTRACT"). Furthermore, we understand that, according to the conditions of the CONTRACT, a performance guarantee in the sum of [US $ amount in figures] [US Dollar amount in words only] (the amount equal to 10% of the total CONTRACT Price is to be inserted here) is to be made against the performance obligations of the CONSULTANT. We [name of Bank] hereby irrevocably, unconditionally and continuingly guarantee without recourse to the CLIENT, undertake to pay to the CLIENT any sum or sums not exceeding in total an amount of [amount in figures] ([Rupees amount in words only]) (the amount equal to 10% of the total CONTRACT Price is to be inserted here) upon receipt by us of CLIENT’s first demand in writing accompanied by a written statement stating that “the CONSULTANT” are in breach of their obligations under the CONTRACT.
In Pakistan the income-tax, and the super-tax, (hereinafter referred to as “Pakistan tax”) and the agricultural income-tax to the extent provided for in Article XV;
In Pakistan as respects income-tax and super-tax, for any year of assessment beginning on or after the first day of July, 1968.
In Pakistan the income tax ; (hereinafter referred to as “ Pakistan Tax").