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Sale Tax, Income Tax departments: Experts divided over separation amid compliance concerns

ISLAMABAD: Tax experts have given mixed response to the separation of sales tax and income tax departments, warning the move may result in repeated tax demands for the same records, overlapping inquiries, inconsistent treatment of transactions and more tax offices to approach taxpayers. Advocate Supreme Court of Pakistan Dr Ikramul Haq told Business Recorder that the FBR has initiated separation…

First reported by Business Recorder 1 source
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Image: Business Recorder
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  1. Business Recorder

    Sale Tax, Income Tax departments: Experts divided over separation amid compliance concerns (opens Business Recorder in a new tab)

    ISLAMABAD: Tax experts have given mixed response to the separation of sales tax and income tax departments, warning the move may result in repeated tax demands for the same records, overlapping inquiries, inconsistent treatment of transactions and more tax…

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