Rate charged under presumptive tax regime to non resident shipping firm 8% on its gross
receipt is quite low as compare to other business. This is an example of which type of tax
concession?
► Reduction in total taxable income
► None of the given options
► Reduction in tax liability
► Reduction in tax rate
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Best regard's
Muhammad Afaaq
MBA 4th (Final Semester) Finance Group
Afaaq_Tariq@yahoo.com
Islamabad
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