KARACHI: The Federal Board of Revenue (FBR) sought customers’ data from car assemblers to determine the sources of income of the purchasers to increase filing of tax returns.
FBR initiated a drive to identify income sources of luxurious vehicles’ owners to ensure their tax return filings, confiscating vehicles on non-compliance, official sources said and added that tax officials were obtaining data of registered motor vehicles above 1,000cc to determine the sources of income of their owners to increase filings of tax returns.
Inland Revenue asked local car assemblers and customs authorities to share the last five-year data of purchased vehicles with the tax department.
