FBR has been awarded ISO-27001 Certification by Resource Inspection Canada Incorporated in respect of Data Center, AEOI center and AEOI Zones A delegation of HMRC, including the security expert, visited FBR in July, 2017 to assist in implementation of AEOI Standard. Pakistan has signed the CRS- MCAA in June, 2017 An OECD/ HMRC team comprising of Mr. Donal Godfrey, Mr. Lloyd Garrichinho, and Mr. Jon Swerdlow visited Karachi for facilitation and education of the financial industry in May, 2017.

Automatic Exchange of information

This is bulk information which is shared on annual basis amongst the tax jurisdictions. Every state collects information from its financial institutions regarding non-resident account holders and such information is then forwarded to its respective jurisdiction. This is relatively new way of EOI and Global Forum is streamling the flow of this information for avoidance of fiscal, evasion and bringing to tax net the untaxed international source of income. On receipt of information, the same is forwarded to the respective tax offices. No reply is provided in the case of automatic EOI to the treaty partner. It is flow of information on both sides and from both sides.

Director General
Dr. Muhammad Ashfaq Ahmed
Secretary (EOI)
Ms. Sajida Kausar