Group 1 - The Federal Board of Revenue (FBR) of Pakistan is actively exploring the possibility of imposing Goods and Services Tax (GST) on cross-border online sales in the fiscal year 2025-2026 to address tax framework gaps and expand the digital economy tax base [1][3] - The FBR has received suggestions regarding taxation of international e-commerce platforms operating in Pakistan, and is reviewing how to create a fair and transparent digital transaction taxation mechanism [4] - The Pakistan Institute of Cost and Management Accountants (ICMAP) has proposed the imposition of Value Added Tax (VAT) or GST on cross-border e-commerce transactions to tackle revenue loss and eliminate tax policy disparities between local and foreign sellers [4][12] Group 2 - Pakistan's e-commerce market is rapidly growing, with a market size exceeding $8 billion in 2023 and an annual growth rate of over 50% for three consecutive years [8] - The internet penetration rate in Pakistan has surged from 22% in 2018 to 54% in 2023, with mobile payment users exceeding 80 million and transaction volume increasing by 120% [8] - The Daraz platform has reported 35 million annual active buyers, with an average transaction value rising by 28% year-on-year [8] Group 3 - The Pakistani economy is vulnerable, and local industries are easily impacted by cross-border goods. Taxation on imports can increase costs for imported goods, providing local businesses with more development space [11] - Currently, global e-commerce platforms like Amazon and AliExpress operate in Pakistan without paying local taxes. Taxing these transactions would allow Pakistan to regain economic sovereignty and recover tax revenues that currently flow abroad [12]
重磅!巴基斯坦“剑指”亚马逊等跨境平台征税,全球征税潮再添一国!