Sales tax department fails to establish ‘suppression of supplies’

[ad_1] LAHORE: The sales tax department has failed to establish suppression of supplies after its failure to issue fresh notice in the wake of raising fresh observations distinct from the…

Claim of input tax under Sales Tax Act, 1990

[ad_1] General, The Federal Board of Revenue (FBR) has proposed a fundamental change in the Federal Sales Tax system which is governed by the Sales Tax Act, 1990. Under the…

Export or perish

[ad_1] The fundamental problem of our economy is that balance of payments crises and a perpetual risk of default have become the status quo. This is because we import too…

Small business in New Jersey face monumental burdens

[ad_1] New Jersey was founded on small business. The hope of starting a small business continues today as the “American Dream”, working hard for yourself, your family, or a group…

Domestic collection improvement: FBR presents strategy to Shamshad

[ad_1] ISLAMABAD: The Federal Board of Revenue (FBR), Tuesday, presented a plan before the Ministry of Finance to improve domestic compliance/ enforcement and reduce gaps to compensate expected revenue shortfall…

Tax expenditure as subsidy to elites: myth or reality?

[ad_1] In the last ten or so years, economic issues and tax collection by FBR has been brought increasingly under focus. Matters that were previously discussed in economic and policy…

Pharmaceuticals, drugs: Sales tax structure restored

[ad_1] ISLAMABAD: The government restored the sales tax structure on drugs and pharmaceuticals on July 1st, 2022 position to remove the anomalies arising out of the amendment made last year.…

Arizona Fight Over Half-Cent Sales Tax Threatens Semiconductor Expansion

[ad_1] A plan to renew a four-decade-old levy that has funded the highway system widens the GOP’s fissure with businesses. [ad_2] Source link

National Sales-Tax Plan Gains Attention in House GOP

[ad_1] Politics Speaker Kevin McCarthy says he doesn’t support plan to replace income taxes and abolish the IRS [ad_2] Source link