FBR chief says UAE agrees to share tax information of Pakistani investors 

A policeman walks past the Federal Board of Revenue (FBR) office building in Islamabad, August 29, 2018. (REUTERS/File)
Updated 14 October 2019
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FBR chief says UAE agrees to share tax information of Pakistani investors 

  • FBR chairman says tax collection body received information about Pakistanis investing in the UAE in a bid to conceal illegal wealth
  • Experts say the move could act as a deterrent against tax-evasion and movement of illegal assets

ISLAMABAD: Pakistan and the United Arab Emirates have agreed to develop better mechanisms to share tax information about Pakistanis investing in the UAE, the chairman of the Federal Board of Revenue (FBR) Shabbar Zaidi said on Saturday, confirming that the tax collecting body had received information about Pakistani citizens who have invested in properties in the Emirates in a bid to conceal illegal wealth.
Under the common reporting system (CRS), which allows for the automatic exchange of banking information between the tax authorities of countries, Pakistan received the data from the Dubai Land Department (DLD) after a three-day meeting between the UAE finance ministry and FBR representatives in Dubai that concluded on October 10.
Zaidi said that the UAE authorities had agreed to cooperate in the sharing of information about Pakistani-owned properties, adding that the two countries would work to revise a 1993 UAE-Pakistan double tax treaty aimed at eliminating fiscal evasion as well as double taxation and additional and indirect taxes.
“The main purpose of our meeting was to develop a uniform and internationally acceptable system of information exchange between UAE and Pakistan... which was not there,” Zaidi said at a joint-presser alongside adviser to the prime minister on finance, Dr. Abdul Hafeez Sheikh, in Islamabad. “This cooperation will provide valuable information to the tax machinery.
UAE authorities could not be immediately reached for comment for this article.
Zaidi said Pakistan also brought up the abuse of a residency permit, called the iqama, which allowed expats to live and work in the UAE. Under UAE law, foreign nationals obtain an iqama on the basis of investment beyond a certain level.
Pakistani tax authorities believe Pakistanis have obtained UAE iqama permits through a Residence by Investment (RBI) initiative in order to park tax-evaded and ill-gotten money in the Emirates.
“We believe that iqama is a visit visa and should not be used as a tax residency substitute,” Zaidi told reporters. “Because when we go for tax information of Iqama holders under the CRS, they [UAE authorities] used to refuse us. After our negotiations, UAE has agreed to correct that position.”
“Now we will have another meeting next month in Islamabad,” Zaidi said.
Islamabad-based economist, Zia Banday, said the UAE’s cooperation with Pakistan on the ease of data exchange would boost its image as a ‘clean’ country.
“It will present us as a clean country... that does not allow dirty money to enter its territory,” Banday said, adding that the move would deter people in Pakistan from evading taxes and moving illegal money to the UAE.
“Pakistan may not get immediate gain by getting its money back tomorrow, but the fear it creates will act as a deterrent for people to follow rule of law,” he said, adding that he hoped the government would expand similar cooperation mechanisms with other countries known to be tax havens around the world.


Pakistan opposition to hold protest today over jailed ex-PM Khan’s deteriorating eye condition

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Pakistan opposition to hold protest today over jailed ex-PM Khan’s deteriorating eye condition

  • A court-appointed lawyer this week visited Imran Khan at prison and recommended independent ophthalmology review of his right eye
  • Information Minister Attaullah Tarar said Khan party’s narrative has ‘fallen flat on its face’ after ex-PM voiced ‘satisfaction’ with facilities

ISLAMABAD: Pakistan’s opposition alliance has announced a sit-in outside the Parliament House in Islamabad today, Friday, over jailed former prime minister Imran Khan’s deteriorating eye condition, following a rare prison visit by a Supreme Court-appointed lawyer this week.

Barrister Salman Safdar, who was appointed ‘amicus curiae,’ or friend of the court, visited Khan at Rawalpindi’s Adiala jail on Feb. 10 and filed a detailed report on his living conditions and health, which was made public on Thursday.

The report stated that in view of the seriousness of Khan’s ocular condition, “it is imperative that the seriousness of the condition be independently ascertained without delay.” There was no immediate response from prison authorities on the findings.

The Tehreek-e-Tahafuz-e-Ayin-e-Pakistan opposition alliance late Thursday demanded that Khan be transferred to Al-Shifa Hospital and announced a sit-in outside parliament until the former prime minister is allowed treatment in the presence of his personal physicians.

“The sit-in will be held tomorrow,” Mahmood Khan Achakzai, the head of the opposition alliance, told reporters in Islamabad, adding that they will peacefully lay down all demands at the sit-in. “If, God forbids, something happens, then the government will be responsible for that.”

Khan, 73, has been in custody since August 2023 in connection with multiple cases that he and his party describe as politically motivated. The government denies the allegation.

Concerns about Khan’s health have resurfaced in recent weeks after authorities confirmed he had been briefly taken from prison to a hospital in Islamabad for an eye procedure. The government said at the time his condition was stable, while Khan’s family and his Pakistan Tehreek-e-Insaf (PTI) political party complained they had not been informed in advance and alleged he was being denied timely and independent medical access.

The issue was then taken up by the Supreme Court earlier this week, which tasked Safdar, who has represented Khan in the past, with visiting the ex-premier and submitting a written report.

According to a medical condition report from the Pakistan Institute of Medical Sciences (PIMS), dated Feb. 6, 2026 and referenced in Safdar’s court filing, Khan was diagnosed with “right central retinal vein occlusion” after reporting reduced vision in his right eye.

The report states that he underwent anti-VEGF intravitreal injection treatment at PIMS and was discharged with follow-up advice.

However, in his interaction with Safdar, Khan said he had experienced “rapid and substantial loss of vision over the preceding three months” and claimed his complaints had not been addressed promptly while in custody. He further stated that despite treatment, he had been left with “only 15 percent vision in his right eye.”

Safdar’s report notes that the former premier appeared “visibly perturbed and deeply distressed by the loss of vision and the absence of timely and specialized medical intervention.” The amicus also recommended that the Supreme Court consider directing involvement of Khan’s personal physicians or other specialists of his choice, warning that “any further delay poses a serious risk to the Petitioner’s well-being.”

Beyond medical concerns, the report addressed Khan’s confinement conditions, noting that he expressed “satisfaction regarding his safety and security within the cell-block,” as well as contentment with basic amenities and food provisions.

Responding to the report, Information Minister Attaullah Tarar rejected claims of mistreatment, saying the “narrative being propagated to international media” by Khan’s family had “fallen flat on its face.”

He said the prison report on Khan’s daily routine and diet had removed any ambiguity and maintained that all facilities were available to the former premier, who he said enjoyed privileges “more than any other prisoner.” His X post did not address the allegations on Khan’s health issues.