These products were sold at very low rates compared to their
actual market prices.
The previous government's tentative attempts towards the end of its term to close the massive gap between the official valuation rate and the
actual market value of a property for the purpose of regulating the sector fell flat.
The rates have now gone up an additional 30% to get to 85% of the
actual market value.
Real estate is one of the most common ways to park black-money by means of understating a property's real market value via DC rates quoted much lower than the
actual market rates.
Tsvetanov received the new apartment from Arteks at a price that was four times lower than its
actual market value, the RFE/RL reports reveal.
After the fresh increase, the property valuation rates were now closer to 60percent of the
actual market values, said Sarwar, who is also Inland Revenue Policy member of the FBR.
After the fresh increase, the property valuation rates were now closer to 60% of the
actual market values, said Sarwar, who is also Inland Revenue Policy member of the FBR.
The short-listed companies were assessed on a variety of
actual market performance indicators, which include revenue growth; market share and growth in market share; leadership in product innovation; marketing strategy and business development strategy.
The short-listed companies were evaluated on a variety of
actual market performance indicators, which include revenue growth; market share and growth in market share; leadership in product innovation; marketing strategy and business development strategy.
nonmetallic minerals and quarry resources will be 4 percent based on the
actual market value of the gross output at the time of removal; for imports, the tax will be 4 percent based on the value used by the Bureau of Customs in determining tariff and customs duties, net of excise tax and value-added tax, the BIR said.
The shortlisted companies were evaluated on a variety of
actual market performance indicators which include revenue growth; market share and growth in market share; leadership in product innovation; marketing strategy and business development strategy.
