UAE to share briefs of properties owned by 500 Pakistanis.

The United Arab Emirates (UAE) has agreed to share details of the properties owned by 500 non-Iqama holder Pakistani nationals that will provide valuable information to the tax machinery as it remains unable to effectively utilise the previous offshore information.

Both the countries also agreed to renegotiate the Pak-UAE avoidance of double taxation treaty that would also help remove irritants in cooperation in areas of taxation.

But the issue of sharing details of Pakistani nationals, who also hold UAE residence visa, known as Iqama, under its Residence by Investment (RBI) policy remains unresolved.

Adviser to Prime...