Home

    About

    Open Access Repository

    SearchBrowse by ThemeBrowse by AuthorBrowse by TypeMost Popular Titles

    Other Resources

    Curators

    Events

    Contributing Think Tanks

    Networks

    Using Content

    FAQs

    Terms of Use

    13,800+ curated items from top Think Tanks.
    JavaScript is disabled for your browser. Some features of this site may not work without it.

    Home

    About

    Open Access Repository

    SearchBrowse by ThemeBrowse by AuthorBrowse by TypeMost Popular Titles

    Other Resources

    Curators

    Events

    Contributing Think Tanks

    Networks

    Using Content

    FAQs

    Terms of Use

    Corporate Tax Reforms in Pakistan

    Ahmed, Vaqar; Talpur, Mustafa | April 2016
    Abstract
    Tax policy plays an important part in inclusive growth, incomes and wealth redistribution. Owing to a narrow tax base in Pakistan, the ability of taxes to alter distribution of incomes in favour of the poorest income quintiles has been limited. This paper specifically makes a case where private sector has been realizing anticipated profits however their rising incomes did not result in progressive changes in tax contribution. The ability of tax administrative machinery to check evasion has also remained weak. Another important matter is how a distortive tax policy is preventing entry of new firms and investments which can potentially create greater competition and enhance consumer surplus. Since 2007 Pakistan’s economy has been witnessing low levels of investment. Despite low interest rates, the private sector credit has not picked up. The exports have declined during a period when Pakistan enjoys preferential market access from the European Union and the United States. While large firms operating domestically continue to growth, the survival and growth of new firms is weak. According to several recent studies, part of the answer to this problem may lies in the way taxes are helping cartelization through exemptions and preferences in the direct (corporate) tax structure. We discuss this view in the light of recent tax directory published by the Federal Board of Revenue. Making use of the key informant interviews and focus group discussions involving the business community, tax officials, trade and consumer associations, we present some recommendations for the reform of corporate taxation in Pakistan.
    Citation
    Ahmed, Vaqar; Talpur, Mustafa. 2016. Corporate Tax Reforms in Pakistan. © Sustainable Development Policy Institute. http://hdl.handle.net/11540/6435.
    Keywords
    Rural areas
    Rural planning
    Rural poverty
    Development assistance
    Aid in kind
    Standard of living
    Strategic planning
    Development strategy
    Water Shortage
    WaterAccess To Water
    Available Water
    Water Resources Development
    Demand For Water
    Drinking Water
    Drinking Water And Sanitation
    Development Challenges
    Development Issues
    Rural Development
    Rural Development Projects
    Rural Development Research
    Sustainable Development
    Underdevelopment
    Health, Education, Water
    Human Right To Water
    Potable Water
    Quality Of Water
    Right To Water
    Rural Water Supply
    Safe Water
    Water And Sanitation, Electricity
    Economic development projects
    Human rights and globalization
    Developing countries
    Community development
    Water
    Drinking water protection
    Water-supply
    Freshwater quality
    Show allCollapse
    Citable URI
    http://hdl.handle.net/11540/6435
    Metadata
    Show full item record
    Thumbnail
    Corporate-Tax-Reforms-in-Pakistan-W-155.pdf (238.3Kb)
    Author
    Ahmed, Vaqar
    Talpur, Mustafa
    Theme
    Development
    Water
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise