Shell companies & beneficial ownershipHuzaima Bukhari, Dr. Ikramul Haq & Abdul Rauf ShakooriShell companies are considered the safest means to stash wealth created through criminal activities. Incorporation of shell companies is not illegal but they are normally formed in tax…
Finance Bill 2025 Failure in dismantling oppressive tax system
Dr. Ikramul Haq “…regressive taxation, one of the great ironies of Pakistan’s tax system, treating exporters more like easy tax targets than growth drivers. The FY2025 budget pushed exporters into the normal tax regime, imposing a 1.25%…