The direct tax illusion
The direct tax illusion
The International Monetary Fund (IMF) has rediscovered an uncomfortable truth: Pakistan's tax system punishes those already documented while leaving powerful interests comparatively undisturbed. Its regional director, Jihad Azour, has called for fairness, neutrality and predictability. These are welcome words. The real test is whether the Fund and the government will examine what the Federal Board of Revenue (FBR) a...