Country Profile: Pakistan
Tax to GDP ratio: 10.5%
Aviation tax: No information available
Financial Transactions Tax (FTT): Yes – tax in place
Although Pakistan has had a stamp duty since 1899, it has changed recently with the passage of the 2015 Finance Bill which added a tax for the transfer of shares from one Central Depository Company (CDC) account to another CDC account. The new rates are 0.5% to 1.5% of the face value for the issuance and transfer of shares, 0.01% of the purchase value for shares of public companies listed at a stock exchange, 0.01% of the face value of shares on transfer from one CDC account to another.
Oil & Gas Revenues:
- Total government revenue from oil & gas in 2022: $0.5 billion
- Share of oil & gas activity covered: 34.1%
Source: PBPR
These figures represents an aggregate of fossil fuel revenues collected through various fiscal instruments, including royalties, taxes, and production entitlements.