FBR paves way for imposing inheritance tax
FBR paves way for imposing inheritance tax. (credits: Google) The FBR has made changes to the advance tax on capital gains from the sale of real estate. Experts call the action “unjustified and arbitrary”. Real estate was included to the capital gains tax’s purview in 2012. Officials announced Friday that the Federal Board of Revenue (FBR) had made significant changes to the advance tax on capital gains from the sale of real estate, opening the way for the application of an inheritance tax. Experts called the act