Tax Amnesty

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FREE CONSULTATION: The Foreign & Domestic Tax Amnesty 2018 – EXTENDED till 31/07/18

Golden Opportunity for you & the Country:

With the OECD data sharing re tax avoidance and black monies looming closer along-with the threat of severe implications, the recent amnesty by Government of Pakistan appears to be a golden opportunity for those with assets/income without proper trail.

Due to the administrative and legal issues getting clarified only about a couple of weeks ago, the response to Amnesty didn’t really took off until the last two weeks. And was it some response?

It was phenomenal particularly compared with the last few amnesties. Even for the country, with its’ economy currently in a dire strait, this seems to be providing a much needed breather while the nation awaits the next Government to take charge and hopefully steer the economy in the right direction. Moreover, it may help increase the documentation of the economy which seems to be a lost cause to date despite immense expense by FBR.

While it maybe a great opportunity for, it does require a lot of care and proper planning. We can proudly offer you complete confidentiality, competence and commitment with a proven track record of 100% excellence to back it up over four (4) decades of firm history.

 

Introduction of the Managing Partner (Taxation & Corporate Services):

Mr. Omer Zaheer Meer, FCCA is Chairman of ACCA Pakistan’s Member Network Panel, represents Pakistan on the Global Tax Forum and is the Chairman of ACCA Pakistan’s Taxation Subcommittee. He has extensive experience as a top taxation expert and has been chairing  the Tax Clinic at Lahore Chamber of Commerce & Industry.
He is currently the Managing Partner (Corporate Services) at Millennium Law & Corporate Company, the pioneer ACCA practising firm in Pakistan and also sits on the boards of various corporations.
Receiver of ACCA’s Exceptional Public Value Awards and National Advocacy Award, he is currently serving for the fourth time as Chairman Liaison Committee of Lahore Tax Bar Association. He has also served on the Finance, Economy and Taxation Committee of LCCI and is an advisor to several parliamentarians on taxation and economic affairs.
For his detailed introduction, please visit:
Contact Us Now for a Free of Cost Consultation:

So, if you’re an overseas or local Pakistani National and would like to know more details, wish to avail the amnesty or simply a professional wishing to learn more, please feel free to get in touch:

Millennium Law & Corporate Company   (MLCC)   

(Pioneer ACCA & Legal Practising Firm in Pakistan)

2nd Floor, Bashir Mansion, 2 Turner Road, Lahore

0322-4219292 / 042-37242612

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Taxation & Amnesty Announcement by the PM of Pakistan

Dear Readers,

Assalam O Alikum (Peace be on you)!

The above-titled announcement has two parts:

  1. Taxation reforms (focused on individuals/salaried class)
  2. Amnesty scheme

While the reforms part covers a smaller section of the much needed greater structural reforms and a positive step, the amnesty scheme leaves much to be desired.

Awaiting for the detailed legal draft for a considered opinion. Keep reading this space for more, Insha Allah!