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Pakistan Explores Tax Policy Options

by Lorys Charalambous,, Cyprus

19 December 2008

Pakistan's Federal Board of Revenue (FBR) held an international 'Conference on Tax Policy Options for Pakistan' in Lahore on December 17.

The aim of the conference was to identify and generate concrete implementable tax policy options for achieving the broad micro and macroeconomic objectives.

The conference also focused on various other issues, including macroeconomic constraints, current revenue administration, assessment of major taxes and sub-national taxation.

Advisor to the Prime Minister on Finance, Shaukat Tareen chaired the opening session of the conference, delivering a keynote address on the government's efforts to enhance domestic resource mobilization as part of its stabilization and reform strategy to meet the targets of sustainable growth in the medium term.

The morning session was addressed by FBR Chairman Ahmad Waqar who spoke on FBR's endeavours for the establishment of a fair and efficient tax administration promoting investment and production incentives and raising sufficient revenues for the development and poverty reduction programmes of the government.

According to an official statement released by the FBR, the conference was attended by leading national and international experts, who participated with the business community and stakeholders in the policymaking process.

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