By Asad Hashim (13 Apr 2021): Economic privileges accorded to Pakistan’s elite groups, including the corporate sector, feudal landlords, the political class and the country’s powerful military, add up to an estimated $17.4bn, or roughly 6 percent of the country’s economy, …
Read More »Wealth doesn’t trickle down – it just floods offshore
(Heather Stewart): A far-reaching new study suggests a staggering $21 trillion in assets has been lost to global tax havens. If taxed, that could have been enough to put parts of Africa back on its feet – and even …
Read More »Political Economy of Taxation
By Sakib Sherani (8 January 2016) a second marriage is dubbed a `triumph of hope over experience`, what should an eighth tax amnesty scheme be titled? The government has launched yet another such scheme, its second since 2013, this time …
Read More »Tax Amnesty Scheme 2016: Facts & Challenges
(By Umer Cheema 05 January 2015): A budding entrepreneur of a leading business family in Pakistan popped up on the radar of American tax authorities in 2008 to invest 23 million dollars in the real estate of New York. Upon …
Read More »Tax exemptions causing loss of Rs.900 billion annually
10 December 2015 Former Finance Minister Dr Hafiz Pasha said on Wednesday that exemptions and loopholes culture in tax system was causing a loss of Rs 900 billion annually to the country. “Pakistan has failed in increasing the tax to …
Read More »On the way to Addis Ababa: Funding development goals
By Mark Herkenrath (8 Jan 2015): The Third UN Conference on Financing for Development will take place in Addis Ababa in July 2015. The key question will be how to finance the Sustainable Development Goals. In September 2015 the UN …
Read More »Human Rights Council acts against impunity of MNCs
(26 June 2014) The UNHRC resolution stresses the need for a new legal framework to end corporate impunity. It is time for transnational corporations, to be legally accountable for corporate human rights violations and systemic economic and ecological crimes. The …
Read More »Why Pakistan must bother Tax Justice?
By Abdul Khaliq/ The link between taxation and development is fundamental. A functioning state that can meet the basic needs Citizens for Tax Justice in Pakistan The link between taxation and development is fundamental. A functioning state that can meet …
Read More »Pakistan – A case of tax revolt!
It is a troubling fact that the ranks of taxpaying people in Pakistan seem to be shrinking every year. Statistics show that1.44m people filed their returns in 2011. But in 2013 there were only about 840,000 taxpayers whom the FBR …
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