The government has assured multinational beverage companies their concerns about the new tax provisions will be addressed. The government has also expressed optimism that ongoing economic cooperation with the United States will further strengthen with passage of time.

Special Assistant to Prime Minister (SAPM) on Revenue Tariq Mahmood Pasha said while talking to a delegation of the US Embassy in Islamabad, led by Commercial Counsellor Aaron Fishman and representatives of the multinational beverage companies who visited Federal Board of Revenue (FBR) that Pakistan and the US are keen to enhance economic cooperation. The FBR Chairman Asim Ahmad also attended the meeting.

Asim highlighted the areas of cooperation between the US and Pakistan in terms of trade and business facilitation. The delegation discussed the new tax provisions on the beverage industries, and the SAPM (Revenue) and the FBR chairman assured the representatives of the companies that their genuine concerns will be addressed on a priority basis.

Credit: Independent News Pakistan-WealthPk