The International Monetary Fund (IMF) also recommended Pakistan introduce stricter laws on collecting capital gains from real estate title transfers.
The International Monetary Fund (IMF) has asked the Federal Board of Revenue (FBR) of Pakistan to charge Capital Gains Tax (CGT) on cryptocurrency investments as one of the requirements to qualify for $3 billion in bailout funds.
During the review talks around a $3 billion stand-by arrangement (SBA), the IMF recommended Pakistan’s federal law enforcement agency, FBR, impose taxes on crypto capital gains.
The country has also been asked to review the taxation of real estate and listed securities, according to local news outlet The News.