May
19
2019-2020, Budget, Taxation
PTBA recommends retaining alternative corporate tax or minimum tax
KARACHI: Pakistan Tax Bar Association (PTBA) has recommended the tax authorities to retain either Alternative Corporate Tax (ACT) or minimum tax, as existence of both regimes is inappropriate. In its tax proposals for budget 201.9/2020, the PTBA said that the introduction of ACT, via the Finance Act, 2014, placed an additional burden on the corporate […]