Thursday 1 December 2011

Taxation in Pakistan

Taxation in Pakistan is a complex system of more than 70 unique taxes administered by at least 37 agencies of the Government of Pakistan.[1]
The government is seriously indebted -- and only 1.9 million people in a country of 170 million filed tax returns at all in 2010. An estimated 10 million people are registered to pay taxes in Pakistan; the great majority don't pay a rupee. Some tax officials have resorted to employing transgendered people to "shame" delinquent tax evaders into settling bills.[2]

[edit] Federal taxes

Federal taxes are administered by the Federal Board of Revenue.

[edit] Corruption

According to a 2002 study, 99% of 256 respondents reported facing corruption with regard to taxation. Furthermore, 32% of respondents reported paying bribes to have their tax assessment lowered, and nearly 14% reported receiving fictitious tax assessments until a bribe was paid.[3]

[edit] References

No comments:

Post a Comment