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FBR proposes expanding tax rules from YouTube to all social media platforms
ISLAMABAD: The Federal Board of Revenue (FBR) has proposed expanding the scope of income tax rules from YouTube to all social media platforms, potentially bringing a wider range of online content creators and digital platforms within the existing tax framework. The FBR has drafted notifications proposing amendments to the Income Tax Rules, 2002, replacing the word “YouTube” with “social media platforms” in two separate provisions dealing with income tax. Under the first proposed amendment, the FBR seeks to revise clause (d) of sub-rule (1) of rule 13ZP in Chapter IIA of the Income Tax Rules, 2...
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