The apex court also constituted a three-member committee comprising the governor of State Bank of Pakistan, FBR chairman and secretary finance to encourage people to bring back their offshore assets
Khawaja Asif has also been accused of concealing his offshore assets
from the Election Commission of Pakistan,' the PTI leader said.
According to that scheme, Pakistani citizens who declare their offshore assets
or companies within the first three months and demonstrate that they want to shift their business to Pakistan will pay a one-time tax of 5 per cent.
Some of the nations with the lowest shares of offshore assets
are high-tax countries, such as Denmark and Norway, while others are low-tax nations, such as South Korea and Japan.
In 2015, the company secured a five-year contract to deliver engineering, procurement, construction and commissioning services to four of Totals offshore assets
and two onshore facilities in the UK continental shelf; the Alywn, Dunbar, Elgin and Franklin platforms, St Fergus Gas Terminal and Shetland Gas Plant (SGP).
After the amnesty programme ended, the government acknowledged that tax amnesty declarations and the pledged repatriation of offshore assets
did not correspond to data it had on taxpayers' foreign holdings.
Summary: Islambad [Pakistan], August 25 (ANI): The Saudi Arabian government has expressed its willingness to share information requested by the Joint Investigations Team (JIT) regarding Pakistan's former Prime Minister Nawaz Sharif family's offshore assets
The team had submitted a 28-page inquiry report to the Supreme Court on July 9, in which it had endorsed the stance of the JIT probing the offshore assets
of Prime Minister Nawaz Sharif and his family in connection with the Panama gate case.
It should be recalled that joint investigation team (JIT), constituted by apex court to probe Sharifs' offshore assets
, had found Hijazi guilty of tampering with the records of companies owned by the Sharif family, and has recommended registering a First Information Report (FIR) against him.
The date for the tours was not finalized owing to PM's appearances before joint investigation team (JIT) probing Sharif's offshore assets
In addition, the company operates onshore and offshore assets
primarily in the Permian Basin, the Anadarko basin in western Oklahoma, the Texas Panhandle as well as the Gulf Coast areas of the US.
BRITISH parliamentarians are among scores of politicians from round the world holding offshore assets
, it has been reported.