- OICCI urges development of policy guidelines for sales tax laws on distributors
- Emphasizes need for collaboration and coordination among federal and provincial tax regulators
- Proposals submitted for upcoming budget 2024-25 to FBR highlight importance of consensus-based policy development
- Stress on consistency and harmonization in tax regulations across the country
- Call for engagement with all provinces to ensure uniformity in tax policies
- Concerns raised regarding SCP decision on taxation of distributors and its broader implications for the distribution sector
- SRB issuing notices to distributors following SCP decision
- Failure to address issue effectively could result in increased costs for businesses in the documented sector
- OICCI advocates for development of sales tax laws for distributors to create conducive environment for business operations
- Stakeholders hopeful for constructive dialogue and measures to promote a more business-friendly regulatory framework.
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.
