Pakistanis likely to bring back $5 billion under amnesty scheme

ISLAMABAD: As the government struggles to overcome legal challenges that can undermine an upcoming offshore tax amnesty scheme, prime minister’s aide on revenue Senator Haroon Akhtar Khan has said Pakistanis could repatriate up to $5 billion under the proposed scheme. “Pakistanis will not possibly bring back all their offshore assets, but the scheme will be successful if they bring back $4 to $5 billion during validity of the scheme,” Khan said on Tuesday. A chartered accountancy firm has estimated the value of offshore assets held by Pakistanis at $130 billion.…

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