Double taxation of venture capital (VC) & private equity (PE) funds
Reform ID		F709
Description		Pakistan’s removal of pass-through tax treatment for VC/PE funds has created a triple taxation regime, causing a 70% collapse in startup funding and pushing over 80% of startups to relocate abroad (“Singapore Flip”). This has severely constrained innovation financing, SME growth, and future tax base expansion
Department		Federal Board of Revenue - FBR-IRS
Jurisdiction / Location		Federal - Entire Pakistan
Sector		All Sectors
Start Date		03-03-2026
Target Deadline
Date Enacted
Implementation Status		Completed
Progress		100%
CCORR Direction
Cost Savings PKR (Mil.)
Evidence