- FBR activates International Centre of Tax Excellence
- Aims to enhance international tax cooperation, revenue forecasting, tax analysis, and tax administration
- IRS officers assigned additional responsibilities for three months
- ICTE established under Section 230J of the Income Tax Ordinance 2001
- Functions include drafting model tax policies, conducting research, fostering international tax cooperation, and capacity building
- Governance structure includes Nominating Committee and Executive Committee
- Staffing to include experienced Inland Revenue officers
- Data handling to ensure confidentiality and compliance with Income Tax Ordinance Section 216
- Part of FBR’s vision to modernize Pakistan’s tax administration and enhance fiscal governance
Source: pkrevenue.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
