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FBR New List Could Lead To Taxpayers

KARACHI: The Federal Board of Revenue to pass compile “active contributors list” of current contributors to distinguish between acceptable and unacceptable may result in suspension of a large number of taxpayers, tax advisers noted.

fbr logoFBR has recently proposed amendments to rule 81B is added to § 181 of the Income Tax Ordinance 2001, which aims to draw up a list of active contributors, so they were classified as compliant and non compliant taxpayers.

The council has set different conditions for the preparation of the “List of active contributors” for taxpayers who file by hand and electronic filers or e-filing. However, the bill would apply to all taxpayers in the country.

The Income Tax Bar Association Karachi (ITBAK), taking into account actually move the amendments proposed FBR called “draconian” and totally rejected the inclusion of Article 181, Section 81B of the Income Tax Ordinance 2001.

Bar strongly requested by FBR to refrain from imposing such a law, which also opposes the main statue and would only foster corruption throughout the country in field offices of the Commission.

ITBAK stressed that the functions and powers have been transferred under the proposed amendments through the SRO 09 (I) / 2011, the defeat of the existing provisions contained in the Income Tax Ordinance, 2001.

In a reply to the Chairman FBR, President Ali ITBAK A Rahim said that the bar is of the opinion that the taxpayer shall be discontinued once ran from one location to be approved or reinstated and that your request will be accepted in the premium is used is very wide and this is not a secret. Fears bar a large number of existing taxpayers would be suspended especially during recording and FBR data itself is not updated and the web portal PRAL faces many technical problems and misuse of this right would be disastrous and would have a negative impact on business taxpayers.

The proposed rules are considered, the bar was observed to be an excellent tool to discourage taxpayers today as part of the harassment and high fairness can not exclude the exercise of the powers available to the proposed amendments. The ITBAK regretted that since the FBR failed the task of broadening the tax base, the use of these standards would have a serious negative impact on existing businesses and taxpayers also be considered to affect the political facilitation and mutual trust that has been remained a matter of policy reform agenda.

Tax Bar Karachi is the most representative body of tax advisers urged the FBR away from the SRO 09 (I) / 2011 for the special moment when the country faces economic crisis and geopolitical challenges in the region.

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