Common use of Taxation of Investors Clause in Contracts

Taxation of Investors. Local Investors will be taxed according to the applicable Laws of Pakistan while Foreign Investors will be governed by the Bilateral Tax Treaties (if any) with the respective countries. Foreign Investors, where no Bilateral Tax Treaties exist with the respective countries shall be taxed in accordance with the applicable Laws of Pakistan.

Taxation of Investors. Local Investors will be taxed according to the applicable Laws of Pakistan Pakistan, while Foreign Investors will be governed by the Bilateral Tax Treaties (if any) with the their respective countries. Foreign Investors, where Where no Bilateral Tax Treaties exist with the respective countries countries, Foreign Investors shall be taxed in accordance with the applicable Laws of Pakistan.