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HIBRA TRANSFER & USA CITIZEN,

(107006)
Monday, November 14, 2016 09:04 PM 

Hi All
Two questions for experts:

1) My mother acquired a plot in Phase 7 in 2004 which got Hiba Transferred to me in 2016 April (prior to new taxes law). Will I have to pay any Capital Gain Tax upon Sale of this Plot later this year.

2) I am a US Citizen. I believe I should be exempt from Pakistan taxes as I am non-resident of Pakistan. Please confirm that I am not liable for taxes (Capital Gain Tax, etc). Thank you


:pkf :pkf :h :h :forsale:
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