Tax in Pakistan

Axis Law Chambers

Axis Law Chambers has a strong and varied tax practice that has considerable litigation expertise as well as being one of the leading firms for advising on income tax, value added tax and other taxes such as customs law. It frequently represents large foreign corporations in tax and customs litigation before the High Courts as well as representing a variety of corporate clients in numerous matters before tax tribunals. Waqqas Mir is sought after for his experience in tax disputes and for his taxation advice on big infrastructure projects. Sameer Khosa routinely advises companies on a myriad of complicated taxation matters.

Other key lawyers:

Waqqas Mir; Sameer Khosa

Key clients

Federal Board of Revenue

Punjab Revenue Authority

Honda Atlas Cars (Pakistan) Limited

Pakistan Telecommunication (Pvt.) Limited

Infrastructure Development Authority of Punjab

Cotton Web

Nishat Chunian Group

Huaneng Shandong Ruyi Pakistan Energy (Pvt.) Ltd.

Work highlights

  • Engaged as lead counsel to defend the Punjab Revenue Authority (PRA) (provincial tax authority) in constitutional challenges to the first and second amendments to the Punjab Revenue Authority Act, 2012.
  • Represented the company before the Lahore High Court in a challenge to the constitutionality of section 4B of the Income Tax Ordinance, 2001 whereby “super tax” was imposed on certain taxpayers whose income was above a certain threshold.
  • Engaged by Infrastructure Development Authority of Punjab in a local arbitration involving a project worth over PKR 2bn. The dispute arises out a construction contract entered between IDAP and its contractor and relates to the amount of sales tax on services deducted from the payments made to the contractor.

FGE Ebrahim Hosain

FGE Ebrahim Hosain has an excellent tax practice that advises clients on all aspects of contentious and custom-related matters before government agencies and the Superior Courts of Pakistan. The team is skilled at advising on the full array of tax matters from corporation and sales tax through to property tax. Clients range from conglomerates to airlines, banks and insurance companies. Names to note are Khwaja Hosain and Zahid Ebrahim both of whom are well-regarded.

Other key lawyers:

Khwaja Hosain; Zahid Ebrahim

A. Qadir & Company

Practice head Abdul Qadir Memon at A. Qadir & Company is a skilled practitioner who regularly advises clients on various tax matters involving tax planning, strategy and issues of company law. Clients range from entrepreneurs to government institutions and retailers. Other key clients include listed companies and industrial conglomerates. Ehtisham Qadir is another key member of the department who frequently represents various clients before the courts of Pakistan on a wide range of tax disputes.

Practice head(s):

Abdul Qadir Memon

Other key lawyers:

Ehtisham Qadir

Testimonials

‘The team is always up to date and is also exceptionally well informed about developments. To provide quality consulting services in line with expectations, specialised experts with many years of experience and expertise are available to support.’

Well renowned tax lawyers in this region.’

Mr. Abdul Qadir has a sheer level of expertise and provides highly personal advice. Straightforward and reliable. Takes a proactive stance. Always up to speed on the latest trends and actively seeks out the most advantageous ways of solving clients’ issues.’

Very professional.’

Excellent team having tax professionals with clear understanding.’

Key clients

Khaadi (SMC-Private) Limited

Arabian Sea Enterprises Limited

Pie in the Sky (Private) Limited

Union Fabrics (Private) Limited

Parazelsus Pakistan (Private) Limited

Fidelity Insurance Brokers (Private) Limited

M-Liberty Insurance Brokers (Private) Limited

Attock Refinery Limited

Aisha Steel Mills Limited

Abudawood Trading Company Pakistan (Private) Limited

Premier Cables (Private) Limited

Gray Mackenzie Restaurants International (Private) Limited

Crown Textile

Taj Medical Complex Limited

HSJ Steel Industries

Dadabhoy Investments (Private) Limited

Professional Associates (Private) Limited

Hamdard University

Sukkur Beverages (Private) Limited

Iqbal Usman Kodvavi Securities (Private) Limited

EA Consulting (Private) Limited

MBI Industries (Private) Limited

Power Cement Limited

Lowe & Rauf (Private) Limited

Stahl Pakistan (Private) Limited

National Refinery Limited

AKD Securities (Private) Limited

Creek Developers (Private) Limited

AKD Investment Management Limited

Relacom Services (Private) Limited

China Yuncheng Platemaking Company (Private) Limited

Khaadi Corporation (SMC-Private) Limited

F&M Ventures (Private) Limited

Work highlights

  • Represented Premier Cables (Private) Limited before the Honourable High Court of Sindh in relation to the filing of a constitutional petition under Article 199 of the Constitution of the Islamic Republic of Pakistan 1973  against amendments that were made through the Finance Act 2019 to Section 65B of the Income Tax Ordinance 2001.
  • Represented MBI Industries (Private) Limited before the Honourable High Court of Sindh in relation to filing a constitutional petition under Article 199 of the Constitution of  the Islamic Republic of Pakistan 1973  against amendments that were made through the Finance Act 2019 to Section 65B of the Income Tax Ordinance 2001.
  • Representing Fidelity Insurance Brokers (Private) Limited in filing an appeal before the Commissioner (Appeals), Sindh Revenue Board against an order for compulsory registration under Section 24B of the Sindh Sales Tax on Services Act 2011 read with Rule 31A of the Sindh Sales Tax on Services Rules 2011.

Khalid Anwer & Co.

Khalid Anwer & Co. has a first-rate tax litigation offering. Recently it has been involved in some high-profile litigation relating to infrastructure cess cases, the gas infrastructure development cess cases as well as workers’ welfare fund and workers’ profit participation cases. It has also been busy advising on disputes about sales tax. Jawwad Qureshi and Raashid Anwer are the well-known members of the department.

Practice head(s):

Raashid Anwer; Jawad Qureshi

Key clients

Pakistan Telecommunication Employees Trust.

Pepsi Cola International.

Gul Ahmed Textile Mills Ltd.

Procter & Gamble Pakistan (Pvt.) Ltd.

Fatima Fertilizer Company Ltd

Indus Motor Company

Sapphire Textile Mills

Work highlights

  • Successfully represented Pepsi Cola before the Lahore High Court against the FBR in relation to a demand of excise duty amounting to approximately $40m.
  • Successfully represented over forty five companies from various sectors before the High Court of Sindh against the GIDC Act, 2015- it is continuing to defend these companies in the appeals that have been filed by the Federal Government in relation to representing the textile industry of the province of Khyber Pakhtunkhwa in this matter before the Supreme Court of Pakistan.

Raja Mohammed Akram Co.

Raja Mohammed Akram Co. is particularly recognised for its advocacy skills on tax matters before the High Courts and the Supreme Court of Pakistan. Salman Akram Raja has acted as lead counsel in several tax matters for some major corporations, banks, and public entities. Malik Ahsan Mehmood has represented various local and international EPC contractors and equipment suppliers in various tax disputes arising from power generation and other infrastructure projects. Aneesa Agha is another name to note who has regularly advised power generation companies on tax matters.

Other key lawyers:

Aneesa Agha

Key clients

Hong Kong Hui Hua Global Technology Limited

MCB Bank Limited

Service Industries Limited and Others

China Energy Karachi

China South Asia Investment Limited

Careem Network Pakistan (Pvt) Limited

Fauji Foods (Pvt) Limited

All Pakistan Textile Mills Association

Pakistan Elektron Limited

Highnoon Laboratories Limited

Sana Industries Pvt Ltd and Others

Nishat Chunian Power Limited

Huawei Technologies Pakistan (Pvt) Limited

Work highlights

  • Representing several large cement manufacturers and packaging companies in a writ petition at the Lahore High Court challenging the withdrawal of tax exemptions available under Section 65 of the Income Tax Ordinance, 2001.
  • Represented a major state-owned Chinese energy company before the Honourable Islamabad High Court in a substantial tax dispute with the Oil and Gas Development Company Limited involving a disputed tax liability of $11m arising out of an EPC Contract for an LPG processing plant in Pakistan.
  • Representing various members of the All Pakistan Textile Mills Association in challenging the insertion of amendments to Section 65B of the Income Tax Ordinance, 2001 (dealing with tax credits on investment in plant and machinery), vide the Finance Act, 2019; interim relief has been granted in favour of the clients.