What are the tax implications of using Payoneer in Pakistan?
In Pakistan, the tax implications of using Payoneer are similar to those of any other international money transfer service. The income you receive through Payoneer is subject to income tax, according to the tax laws of Pakistan. However, Payoneer itself does not withhold any taxes, which means it’s your responsibility to declare this income and pay the appropriate taxes. It’s recommended to consult with a tax advisor or the Federal Board of Revenue in Pakistan to understand your specific tax obligations. Keep in mind that tax laws can change, and the information provided here is based on the current understanding of these laws.