Taxes on Newspaper Advertisements

[faisal_desperado]

<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by awaisaftab</i>
<br /><blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by Editor of Yahoo News</i>
<br />It’s a nice forum for all concerned. I would like to know about the taxes which are applicable on advertisements being published in print media which are released through advertising agencies

thanks and Regards
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6% WHT is applicable and deducted for payments made in relation to share of newspaper. Even the payments to newspapers by AGPR (Accoutant General of Pakistan Revenue) and FBR for advertisement services are made after deducting taxes at the rate of 6% on the newspaper shares.
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Dear Awais,
I would request you to check the latest amendments made in the said section, i.e. added by the finance act 2009, the above has verbatim been quoted from the said section, furthermore, query is also concered with the taxation on <b>print media advertisement</b>.

The emphasis is on Bold above.

Best Regards,