Tax: Supreme Court orders 4% supertax on high-earning industries

We are pleased to share that the Supreme Court of Pakistan has ordered Pakistan’s high-earning industries to pay 4% super tax at the interim stage, in an appeal filed by our Senior Partner, Ashtar Ausaf Ali, representing the Federal Board of Revenue.

The Supreme Court has ordered that all persons, who are liable to pay super tax at the rate of 10%, shall for now deposit 4% of their disputed tax liability within one week to the tax authorities.