FBR action against influencers
The Federal Board of Revenue (FBR) is to take strict action against social media influencers showcasing extravagant lifestyles.
The FBR has shortlisted close to 100,000 wealthy socialites showing off mansions, luxury vehicles, jewelry, and expensive lifestyles on social media.
Wedding-extravagant spenders like non-filers will face FBR scrutiny for undeclared income and mysterious sources of income.
Bureau officials disclosed that people sporting $20,000 wedding blazers will also fall under the tax authority’s scanner.
FBR will seek documentation of income from individuals exhibiting lavish lifestyles more than reported financial resources.
The tax agency will match last year’s filings and this year’s reports to identify income discrepancies.
False or inconsistent income reports in relation to lifestyle expenditures will result in swift FBR action.
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