The CA Hub

CAF-2 · Chapter 11 · Question 13 of 15

A foreign national is a resident individual in Pakistan solely by reason of his employment. His stay in Pakistan will not exceed three years. Which of his foreign-source incomes will STILL be taxable in Pakistan?

Test yourself: pick an answer

Reveal answer & explanation

Correct answer: B) B) Only foreign-source income that is derived from a business established in Pakistan or brought into/received in Pakistan.

Explanation

The short-term resident exemption does not apply to any income derived from a business established in Pakistan or any foreign-source income that is brought into or received in Pakistan.

All 15 questions in Chapter 11Losses, Deductible Allowances, Tax Credits and Exemptions MCQs with answers

More Losses, Deductible Allowances, Tax Credits and Exemptions MCQs

Sponsored slot availableRun a CA academy or hiring firm? Put your name in front of students preparing for this exam.Advertise →