Income Tax Return For Amazon Sellers Pakistan (Complete FBR & IRIS Filing Guide 2026)

Income Tax Return for Amazon Sellers in Pakistan. The Federal Board of Revenue (FBR) has directed the Pakistani Amazon Sellers to declare their income all over the world. The registration for an NTN, filing of annual income tax returns and payment of income tax on net business profits are mandatory. If you are selling a business through a US LLC then you need to follow IRS filing requirements as well.

1. Pakistan Taxation (FBR)

Do Amazon Sellers Have to File an Income Tax Return in Pakistan?

Yes. Whether you are an FBA seller, FBM seller, wholesale supplier, private label owner, Kindle (KDP) publisher or affiliate marketer, you might have to inform the Federal Board of Revenue (FBR) about your income through this Amazon platform in your annual income tax return form via IRIS portal. As tax liability depends on the residency status, business structure, taxable income etc. and provisions of the Income Tax Ordinance, 2001, you are requested to check the same.

Introduction

The country of Pakistan is one of the fastest-growing countries for Amazon entrepreneurs. Now thousands of people have started to make money by selling products on Amazon FBA, Amazon FBM, wholesale, private label, Kindle Direct Publishing and as affiliates. Payments are usually made via Payoneer, Wise or local bank accounts, but a lot of sellers are still not sure what tax liabilities they have.

Successful sellers at Amazon are not automatically compliant with the tax laws. Taking up the registration with FBR, keeping accounting records and filing the tax return annually are different legal obligations.

It is important to grasp the proper FBR process when filing the first Income Tax Return Filing Pakistan or updating of an existing return to avoid any miscalculations, legal issues, and loss of time and money. Before logging into the FBR, it is advisable for you to check out an FBR IRIS Login Guide so that you don’t make common mistakes while filing.

Based on the rich experience gained, Advocate Shahid has been helping the sellers on Amazon, freelancers, exporters and digital entrepreneurs in matters of tax compliance, action to audit and declaration of income. The aim of this guide is to provide easy-to-understand language for both seasoned and new sellers.

Understanding Amazon Seller Taxation in Pakistan

Is Amazon Income Taxable in Pakistan?

In most cases, yes. Any earnings made from Amazon is likely to be classified as income from a business, which should be reported in the annual income tax return. Depending on your situation and tax laws, your income from any of these types of sales could be subject to income taxes.

Many sellers believe that payment made by foreign clients is not considered payment in Pakistan and thus they believe they can sell the goods without paying tax. That can result in mismatching of tax returns and potential issues with the FBR in the future.

Who Must File an Income Tax Return?

• Operate an Amazon business from Pakistan.
• Receive Amazon payments through Payoneer, Wise, or a bank account.
• Hold an NTN.
• Are required to declare business income under the Income Tax Ordinance, 2001.
• Wish to remain on the Active Taxpayer List (ATL).
• Need financial records for visas, banking, or business expansion.

It’s not uncommon for many entrepreneurs to register with NTN Registration Services in Lahore before embarking on the compliance process, particularly if they are setting up a new online business.

Resident vs. Non-Resident Tax Rules

Resident individual taxpayers are taxable on income as per tax laws applicable in Pakistan and non-resident individuals may be taxable in line with different provisions as per the tax law applicable.

If you run your Amazon business from abroad, then your situation may be a bit different than what you’ll find locally. In such cases, the guidance provided in the Income Tax Return for Overseas Pakistanis could also be applicable and relevant, especially in determining the residency status and reporting requirements.

Is Amazon Income Business Income or Foreign Source Income?

It is one of the most misinterpreted matters.

While payments are made to Amazon from foreign markets, there are a number of legal and factual factors that come into play, such as: Where is the business being managed, where are the activities taking place and what are the provisions of Pakistani tax laws?

When determining how to report the export proceeds, foreign remittances and Amazon earnings in IRIS, professional advice is often required.

Income Tax Ordinance, 2001 Overview

The Income Tax Ordinance, 2001 provides the legal framework governing:

• Registration of taxpayers.
• Filing annual income tax returns.
• Declaration of business income.
• Record-keeping requirements.
• Wealth statements.
• Tax audits.
• Penalties for non-compliance.

Types of Amazon Sellers Covered in This Guide

The basic principles of tax reporting are more or less the same on all Amazon business models, but each will have its own operating structure.

Amazon FBA Sellers

Fulfilment by Amazon (FBA) sellers will ship the inventory to the Amazon’s warehouse, Amazon will take care of storing, packing and shipping the products. All allowable costs should be subtracted from profits generated in a business.

Amazon FBM Sellers

Fulfilment by Merchant (FBM) sellers maintain their inventories and shipments. The key to this is good bookkeeping as shipping costs, packaging expenses and operating costs will impact taxable profit.

Private Label Businesses

The private label sellers are generally importers or manufacturers under their own brand. These companies may need to have more extensive business accounting records and inventory management.

Wholesale Sellers

Wholesale sellers buy branded products in bulk to re-sell the products. It’s important especially for tax filing purposes to maintain supplier invoices and purchase records.

Online Arbitrage Sellers

The online arbitrage companies purchase things as low-priced as possible and resell them via Amazon. Accurate record-keeping of purchases and resale revenues assists in claiming expenses.

Kindle (KDP) Publishers

Kindle authors should also consider whether or not their income is taxable if they are receiving royalties for their work.

Amazon Associates (Affiliate Income)

The taxability of affiliate commissions received from Amazon Associates will also depend on the taxpayer’s situation and the tax laws in effect.

Do Amazon Sellers Need an NTN?

One of the initial compliance tasks for Amazon entrepreneurs could be to get a National Tax Number (NTN).

When Is NTN Registration Required?

It is best practice to register with NTN before you start your business activities, open your business banking relationship or file an annual income tax return.

How to Register an NTN

• Creating an FBR IRIS account.
• Completing taxpayer registration.
• Verifying identity.
• Updating the tax profile.
• Receiving the NTN after successful processing.

Experienced professionals in Our Tax Consultancy Services or a qualified Tax Consultant Lahore can help you in the process of correctly registering and filing your documents.

Sole Proprietor vs. AOP vs. Company

The decision of business structure will have implications on taxation, compliance requirements and future growth of a business. While it is often the case that individuals start their business as a sole trader, for larger sellers the option may be available to form an Association of Persons (AOP) or a company having obtained professional advice.

When May Sales Tax Registration (STRN) Apply?

All Amazon sellers don’t need to register for Sales Tax (STRN). It depends on the type of activity, tax laws that apply, and your business model whether or not you need STRN. Sellers need to take their position into consideration before deciding that registration is required or not.

In the next section of this guide, we will provide an explanation of the documents that will need to be sent before filing your return, how Amazon income is calculated, deductible business expenses, and the full IRIS filing process step-by-step.

Documents Required Before Filing Your Amazon Income Tax Return

It can save a lot of time and lessen the risk of formulating documents incorrectly if you have your documents ready beforehand before logging into the FBR IRIS portal. There are some Amazon sellers who are getting notifications just because they don’t have proper records that evidence their declared income.

NTN Details

National Tax Number (NTN) is the starting point of tax profile. If you don’t have a registration, register before you file your return.

IRIS Login Credentials

Make sure you have access to your IRIS account, such as your username, password, registered email and mobile number. For any questions or if you are unable to access your FBR account you can check an FBR IRIS Login Guide before filing your return.

CNIC

The information provided on your Computerized National Identity Card should be similar to that on your IRIS taxpayer profile.

Amazon Settlement Reports

Get yearly or monthly settlement reports at Seller Central. These reports show:

• Gross sales
• Amazon referral fees
• FBA fees
• Refunds
• Advertising deductions
• Net disbursements

These reports are what you use to determine the income of your business.

Payoneer Statements

Download complete statements of all transactions for the tax year if Amazon deposits the income into Payoneer. The following statements assist to reconcile foreign remittances received.

Wise Statements

When paying with Wise keep all transfer records and statements.

Bank Statements

Maintain statements from PAK bank account where the money received from Amazon is deposited in the end. These will be useful to answer questions from the auditor in the event of an audit of cash flows.

Expense Records

• Inventory purchases
• Shipping
• Amazon PPC advertising
• Software subscriptions
• Office rent
• Internet
• Accountant or legal fees
• Packaging materials

Business Invoices

Good invoices ensure your account books are well documented and you’ll have the back-up necessary should your return be chosen for audit.

How Amazon Seller Income Is Calculated

Amazon sellers often make the mistake of including the sum that they deposit into their bank accounts as their taxable income. Typically, taxable business income is the net profit, and not what is received after Amazon deductions.

Simplified calculation:

Gross Amazon Sales

Minus

• Amazon Referral Fees
• FBA Storage Fees
• Shipping Charges
• Refunds
• Advertising Costs
• Cost of Goods Sold
• Other Allowable Business Expenses

Equals

Net Business Profit

Net Business Profit

The net profit is typically the first number used to determine your company’s taxable income.

Practical Example

Let’s assume that the Amazon FBA seller sold the goods worth PKR 12,000,000 in a year.

In the same time frame:

• Amazon deducted marketplace and fulfillment fees.
• Advertising costs increased product visibility.
• Shipping and packaging expenses were incurred.
• Inventory was purchased from suppliers.
• Business software subscriptions were paid.

Once the Seller takes out the allocation of proper business expenses, the Seller’s adjusted net taxable profits drop drastically compared to sales. If the right taxable income is reported, then it is due to good bookkeeping.

Which Expenses Can Amazon Sellers Claim?

In Pakistan the expenses incurred solely for the purpose of the business will generally be deductible, subject to the laws and rules in force and with supporting documentation.

Some of the typical deductible expenses are:

Amazon Marketplace Fees

Fulfillment fees, storage fees, referral fees and subscription fees.

PPC Advertising

With advertising campaigns within Amazon, the visibility of the products is enhanced.

Virtual Assistant Salaries

Commissions, fees or wages paid to people or virtual assistants that handle your listings, customer service or stocking goods.

Office Expenses

Renting of buildings, furniture, stationery and utilities (if applicable).

Internet & Communication

Business communications (exclusive) for the business and reliable Internet connections.

Software Subscriptions

• Inventory software
• Accounting software
• Keyword research tools
• Product research software

Packaging & Freight

• Inventory software
• Accounting software
• Keyword research tools
• Product research software

Professional Fees

Reasonable accounting and legal expenses, including fees paid to qualified professionals.

Additionally, many ecommerce businesses are looking for Tax Consultant Lahore advise during end of the year tax planning instead of the tax filing deadline.

Business Travel

A business meeting with the supplier, or event such as an exhibition or trade event, may be acceptable, provided the event is well documented.

How to Filing an Income Tax Return in IRIS (Step-by-Step Guide)

Having good records helps to make filing through IRIS easier.

1 – Login to IRIS

Log in to your taxpayer account with your registered logins.

2 – Update Your Tax Profile

Check details about individual, contacts, and business information prior to initiating the return.

3 – Select the Correct Tax Year

Always be filing the correct tax year; otherwise, there will be delays.

4 – Declare Business Income

In the appropriate business income section, report any income generated from your Amazon business.

5 – Report Foreign Income or Export Receipts Where Applicable

A. Report on a separate line any foreign income or receipts of exports, if applicable.

If it is necessary to provide information on foreign remittances or receipts in connection with exports, fill out the appropriate portion carefully if you have these circumstances.

6 – Enter Allowable Business Expenses

Only claim business expenses that are legitimate and have been outlined on an invoice and/or in accounting records.

Never guess at costs, don’t make up costs.

7 – Calculate Your Tax Liability

IRIS will use the information you entered to calculate your tax, but will not be an accurate representation of your actual tax liability; it is best that you double-check the numbers before submitting your tax.

8 – Complete the Wealth Statement

Your assets and liabilities, your expenses and your sources of funds should match your reported income.

Notices are sent to many taxpayers as a result of discrepancies between what is declared on the tax return and what is in their asset accounts.

9 – Verify Assets and Liabilities

• Bank balances
• Property
• Investments
• Vehicles
• Foreign assets
• Business capital

10 – Submit Your Return

Carefully read through each section prior to turning it in.

Common FBR Tax Return Errors are often due to the rush at the end of the process or due to missing out on certain tax return schedules.

11 – Become an Active Taxpayer

Once the taxpayer is placed on the Active Taxpayer List (ATL) after filing the Income Tax Return with success and fulfilling all legal requirements, he or she will be eligible to avail several benefits of filing Income Tax Return in Pakistan such as reduced rates of withholding tax, better credibility with financial institutions, etc.

How to Report Payoneer and Wise Payments

A common concern of Amazon sellers is how to make the payment using Payoneer or Wise. But many tax payers wrongly think that it is paid through foreign payment platform and does not have to be reported in Pakistan. The misconception might lead to unnecessary tax risks.

Are Payoneer Payments Taxable?

Payoneer is not a tax exempt, it is a payment service. Such tax laws would be applicable, depending on the nature of income, tax residencies and provisions of Pakistani tax laws.

In cases where your Amazon business has income from the business (which is taxable), the money received through Payoneer should be entered in your accounting records and reported as such on your annual income tax return.

Wise Income Reporting

Let’s see how it is with Wise.

If you have earned money on Amazon and it has been transferred to Wise, or directly to a Pakistani bank account, keep all the transactions and ensure that the transactions are in sync with your bookkeeping.

Foreign Remittance Declaration

In most cases, the sellers of products on Amazon get payment in foreign currency and then convert to Pakistani Rupees.

Maintain supporting documents such as:

• Payoneer statements
• Wise transaction history
• Bank credit advices
• Amazon settlement reports
• Currency conversion records

If FBR asks any questions about foreign receipts, these documents will prove useful.

Exchange Rate Considerations

If foreign currency is to be used, be consistent in the exchange rates used in preparing your books.

Rates that differ in some instances (without a good reason) can cause difficulties with reconciling.

Common Reporting Mistakes

1. Declaring only bank deposits instead of business income.
2. Ignoring Payoneer balances.
3. Omitting Wise transfers.
4. Mixing personal and business transactions.
5. Keeping incomplete accounting records.
6. Reporting inconsistent foreign remittance figures.

Wealth Statement for Amazon Sellers

Your Wealth Statement provides information on how your assets, expenses, investments and liabilities have increased or decreased for the tax year.

Why Wealth Statements Matter

This is the only option to reconcile income and assets.

Reconciling Income and Assets

Your declared income should reasonably support increases in:

• Cash balances
• Bank accounts
• Property purchases
• Vehicles
• Investments
• Business capital

Declaring Foreign Currency Accounts

Foreign currency accounts/bals should be disclosed, if applicable, in accordance to applicable legal requirements.

Keep documentation which substantiates these balances.

Investment Disclosure

Amazon sellers often diversify profits into:

• Mutual funds
• Stocks
• Real estate
• Business expansion
• Foreign investments

Good disclosure is needed to enhance transparency and minimize audit risks.

Avoiding Wealth Statement Mismatches

Practical tips include:

• Maintain monthly bookkeeping.
• Reconcile bank accounts regularly.
• Record owner withdrawals.
• Separate business and personal expenses.
• Review the Wealth Statement before final submission.

Common IRIS Errors and How to Fix Them

Business Income Mismatch

Typically when the business income declared on the Wealth Statement is not in line with the financial statements.

Avoiding the solution: Check accounting records and supporting schedules prior to filing.

Foreign Income Mismatch

May occur if foreign receipts on the bank statements are not in line with income declared.

Solution: Make sure that the reports sent by said service providers are matched with the bank statements and Payoneer.

Validation Errors

Sometimes, a user may not fill in all required fields, leading to validation errors.

Solution: Check each schedule prior to submitting.

Return Submission Failed

Technical issues occasionally interrupt filing.

Solution:

• Clear browser cache.
• Try another browser.
• Save your return regularly.
• Submit during off-peak hours.

Wealth Reconciliation Error

One of the most frequent filing issues.

Solution:

Ensure:

• Opening wealth
• Annual income
• Personal expenses
• Closing wealth

all reconcile correctly.

Incorrect Income Declaration

Incorrect classification of Amazon income is another common issue.

For example:

• Declaring business income as salary.
• Reporting only transferred funds instead of business profits.
• Ignoring deductible expenses.

Amending a Tax Return

Once the return is submitted, check if there is a lawful way to file an amended return, if an error is discovered.

FBR Notices Amazon Sellers May Receive

An FBR notice doesn’t automatically mean that you’re frauding on the tax man.

Numerous notices are simply a request for further clarification.

Common notices include:

Non-Filing Notice

Issued when FBR thinks a taxpayer should have returned their tax.

Income Mismatch Notice

Created when there is information available for the income that doesn’t match the amount reported.

Audit Notice

The purpose of audit will be to check the income declared and supporting records.

Wealth Inquiry

Awarded when assets seem to be lower than income.

Best Way to Respond

Do not ignore FBR notice.

Instead:

• Read the notice carefully.
• Collect supporting documents.
• Prepare a documented response.
• Meet the response deadline.
• Seek professional assistance where necessary.

Our Tax Consultancy Services can help companies that find themselves in need of organized documentation and prompt responses, decreasing needless conflicts.

Tax Audit Guide for Amazon Sellers

Not all Amazon sellers are chosen to be audited, but it is important that the seller has records that it would be as if it could be audited.

Why Amazon Sellers Are Selected for Audit

• Significant income fluctuations.
• Wealth mismatches.
• Large foreign receipts.
• Incomplete documentation.
• Risk-based selection criteria.

Documents to Maintain

• Amazon settlement reports.
• Payoneer statements.
• Wise reports.
• Purchase invoices.
• Expense receipts.
• Bank statements.
• Inventory records.
• Accounting books.

Record-Keeping Best Practices

• Faster return preparation.
• Easier audit responses.
• Better business decisions.
• Reduced filing mistakes.
• Improved financial planning.

How Long Should Records Be Preserved?

Business records should be kept for the time specified in the tax laws and regulations. It is recommended that there are organized digital and physical copies.

Common Mistakes Amazon Sellers Make

1. Starting sales without obtaining an NTN.
2. Delaying annual return filing.
3. Ignoring bookkeeping until year-end.
4. Mixing business and personal bank accounts.
5. Forgetting Amazon advertising expenses.
6. Omitting Payoneer or Wise balances.
7. Failing to reconcile the Wealth Statement.
8. Ignoring official FBR notices.
9. Claiming unsupported expenses.
10. Assuming foreign income never needs to be reported.

Practical Example

Example – Amazon FBA Seller Receiving Payments Through Payoneer

Ali is an Amazon USA private label merchant.

In any tax year:

• Gross sales reach PKR 18 million.
• Amazon deducts fulfillment and referral fees.
• Inventory costs are properly documented.
• PPC advertising expenses are recorded.
• Payoneer transfers are reconciled with bank deposits.
• Business bookkeeping is maintained monthly.

Ali figures the profit he would make from his business after deducting expenses that are allowed for the business. His Wealth Statement matches his declared income, which will help him to complete his return without any doubts and minimize the chances of any future compliance problems.

Advocate Shahid’s Practical Insight

Most of the tax issues confronting Amazon sellers in reality are not because of the tax regulations themselves but are due to lack of documentation and under-statement of taxable income, or other problems of bookkeeping and filings. Year round accurate accounting records, reconciling Payoneer and Wise transactions and filing IRIS return before the deadline is much more effective than correcting several issues when receiving an FBR notice.

Legal Framework for Amazon Sellers in Pakistan

Having an understanding of the legal framework enables Amazon sellers to stay current with the laws and avoid needless conflicts with the Federal Board of Revenue (FBR).

Income Tax Ordinance, 2001

Income Tax Ordinance, 2001, is the main legislation of income taxation in Pakistan. For Amazon sellers, it is crucial to be familiar with the following sections of the terms:

Business Income

Income generated from the Amazon FBA, FBM, wholesale, private label or Kindle Direct Publishing (KDP) or any other affiliate marketing program is typically taxed under the tax rules applying to business income. Keeping on top of the numbers during the year simplifies reporting.

Return Filing Requirements

FBR has prescribed time timelines for eligible taxpayers to file their annual income tax return. Timely filing is also a legal requirement, and acts as a positive compliance record.

Record Keeping

A good accountant should help Amazon sellers keep the following accounting records:

• Amazon settlement reports
• Sales records
• Purchase invoices
• Inventory records
• Bank statements
• Payoneer and Wise transaction histories
• Expense vouchers
• Business contracts

Good records are often auditors’ best weapon against a tax inquiry or audit.

Penalties for Non-Compliance

• Late filing penalties
• Additional tax liabilities
• Default surcharge where applicable
• Loss of Active Taxpayer List (ATL) status
• Increased withholding tax rates
• Audit proceedings

Often it will be a lot cheaper to comply in time rather than contemplate a dispute, once notices have been issued.

Audit Powers

FBR has the power to audit returns, records, and financial transactions, as necessary under the relevant laws. It is important to maintain proper and organized records throughout the year which can greatly minimize issues during an audit.

Relevant FBR Compliance Areas

Amazon sellers should remain familiar with several important compliance requirements, including:

• Maintaining an updated IRIS taxpayer profile
• Filing annual income tax returns
• Updating personal and business information when required
• Preparing an accurate Wealth Statement
• Responding promptly to official FBR notices
• Preserving accounting records

For a rapidly growing Amazon business, professional advice prior to filing can help you avoid a lot of compliance problems along the way.

Active Taxpayer List (ATL)

There are a number of economic and commercial benefits to being on the Active Taxpayer List.

These include:

• Reduced withholding tax rates
• Improved credibility with banks
• Easier participation in government tenders
• Better business reputation
• Simplified financial transactions

These are some of the most crucial Benefits of Filing Income Tax Return Pakistan, more so for the expanding ecommerce enterprises.

Commissioner Inland Revenue

The Commissioner, Inland Revenue, has responsibility to administer a number of aspects of tax law, such as assessment, audits and enforcement.

Appellate Tribunal Inland Revenue

If any departmental proceeding resulting in a disagreement remains unresolved, the taxpayer may have a legal remedy under the applicable law, as long as the departmental proceeding is within the procedures and time limits of the law, and appeal to the Appellate Tribunal Inland Revenue.

Why Hire a Professional Tax Consultant?

While there are many Amazon sellers who are able to do it on their own, as the operations grow more complex, professional guidance is becoming more and more valuable.

When in doubt, it is best to seek professional advice when:

• Your business has multiple Amazon marketplaces.
• You receive payments through several foreign platforms.
• You own multiple businesses.
• You receive an FBR notice.
• Your Wealth Statement does not reconcile.
• You need assistance during an audit.
• You are planning future tax-efficient business growth.

Complex Foreign Income Cases

Documentation and classification of foreign currency transactions is a critical issue. Using professional advice to minimize reporting errors and aid correct compliance.

FBR Audit Representation

When you get an audit notice, it’s imperative that you have some kind of documentation and some kind of legal response. Representing the business in an appropriate manner helps to explain accurately the business transactions and reduces the possibility of any unnecessary and avoidable disputes.

Tax Planning

Tax planning is not about avoiding tax, it’s about awareness of available tax deductions, record keeping and adherence to relevant tax legislation and tax laws in an efficient manner.

IRIS Error Resolution

It’s often better to see technical problems, validation problems or failures to match before submitting it to an experienced tax professional to help with the resolution.

Wealth Statement Preparation

One of the most difficult tasks in preparing a return from a tax adviser is often preparing an accurate Wealth Statement.

Conclusion

While Amazon has provided Pakistani entrepreneurs with ample business opportunities, every business needs to ensure good tax compliance as well.

Careful bookkeeping, timely reporting of income from Amazon, Wise and Payoneer payments and proper Wealth Statement preparation are fundamental for a seamless filing process.

Regardless of how you are operating your business, whether it’s as an Amazon FBA seller, FBM seller, wholesaler, private label business, or as an affiliate marketer, ensuring that you adhere to FBR will make your business safer and more financially sound.

In cases of complex foreign transactions, a variety of sources of income or FBR investigation, it is advisable to seek professional advice before filing in order to save valuable time and costs.

Frequently Asked Questions (FAQs)

1. Do Amazon sellers have to pay income tax in Pakistan?

Not all activities engaged in on Amazon may lead to taxable income as per Pakistani tax legislation and in such a case, you would be expected to report the taxable income in your annual income tax return.

2. Is Amazon income treated as export income?

The tax treatment will be a function of your business and the law in question.

3. How do I report Payoneer income in my FBR return?

Keep full Payoneer statements, match them with settlement reports on Amazon and bank deposits and accurately report the respective business income in IRIS.

4. Do Amazon FBA sellers need an NTN?

It’s advisable for most Amazon businesses to get an NTN before they start conducting regular business and submitting their tax returns.

5. Is Sales Tax Registration (STRN) required for Amazon sellers?

Not in every case. The need for the requirement will be based on the type of business and the provisions of the sales tax law.

6. What documents are required before filing an Amazon seller tax return?

Typically, you should maintain:

• CNIC
• NTN
• IRIS login credentials
• Amazon settlement reports
• Payoneer statements
• Wise statements
• Bank statements
• Expense invoices
• Business records

7. Can I revise my tax return if I forgot to declare Amazon income?

In most cases, the tax law contains provisions for correcting the returns, which are subject to conditions of law and procedures.

8. What happens if I do not report my Amazon earnings to FBR?

Under the facts, a failure to report income that is taxable to the taxpayer could result in notices, tax, penalties, audit and/or other legal action.