S.R.O. 659(I)/2002, Islamabad, the 28th September, 2002

Agreement for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion S.R.O. 659(I)/2002, Islamabad, the 28th September, 2002:- WHEREAS the Government of the Islamic Republic of Pakistan and the Government of Sultanate of Oman have executed an Agreement for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income on the 12th June, 1999, as set out in the annexure to this notification; NOW, THEREFORE, in exercise of the powers conferred by section 107 of the Income Tax Ordinance, 2001(XLIX of 2001), the Federal Government is pleased to direct that the provisions of the said Agreement, have effect in both Contracting States: (a) In the Islamic Republic of Pakistan: (i) in respect of taxes withheld at source, on amounts paid on or after the first day of July in calendar year next following the date of issuance of this notification. (ii) in respect of other taxes, for the year of assessment beginning on or after the first day of July in the calendar year next following the date of issuance of this notification. (b) In the Sultanate of Oman: in respect of income arising in any taxable year commencing on or after the first day of January next following the date of issuance of this notification. AGREEMENT BETWEEN THE GOVERNMENT OF THE ISLAMIC REPUBLIC OF PAKISTAN AND THE GOVERNMENT OF THE SULTANATE OF OMAN FOR THE AVOIDANCE OF DOUBLE TAXATION AND THE PREVENTION OF FISCAL EVASION WITH RESPECT TO TAXES ON INCOME The Government of the Islamic Republic of Pakistan and the Government of the Sultanate of Oman, Desiring to conclude an Agreement for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, Have agreed as follows; ARTICLE 1 PERSONS COVERED…