About Husam Shareef
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Entries by Husam Shareef
Ruling G47 Explains Types of Feminine Sanitary Products
December 11, 2018 in Frontpage Article, Latest, News /by Husam ShareefOn 10 December 2018, Tax Ruling G47 was published in the government gazette which amends Section 40 of the Goods and Services Tax Regulation. Following…
Feminine Sanitary Products Zero Rated
December 4, 2018 in Frontpage Article, Latest, News /by Husam ShareefOn 3 December 2018, the fifth amendment to the Goods and Services Tax Act was published in the Gazette, which introduced feminine sanitary products to…
Channel Licensing Fees Not Subject to WHT
November 29, 2018 in Frontpage Article, Latest, News /by Husam ShareefOn 24 October 2018, the Tax Appeal Tribunal decided, by way of majority decision, in favor of the Appellant, Medianet Pvt Ltd – the largest…
Basic Tax and Legal Considerations When Buying a Business
November 22, 2018 in Blog, Frontpage Article, Latest, News /by Husam Shareefby Ali Naeem, Counsel Buying or selling a business is a complex transaction with many tax and legal variables to consider before you start negotiations…
Interest Paid to Lease Finance Companies Fully Deductible
November 14, 2018 in Frontpage Article, Latest, News /by Husam ShareefOn 8 November, the MIRA issued Tax Ruling B67 which deals with approved banks and financial institutions for BPT purposes. The new ruling, which supersedes…
New Conditions on Releasing Frozen Bank Accounts of Taxpayers
November 8, 2018 in Frontpage Article, Latest, News /by Husam ShareefOn 6 November, the MIRA published the second amendment to its Enforcement Policy, amending bank account release conditions, and introduced a new schedule for instalment…
MIRA Audit Assessment Nullified on Violation of Procedure
November 7, 2018 in Frontpage Article, Latest, News /by Husam ShareefOn 23 October 2018, a three member bench of the Tax Appeal Tribunal unanimously decided in favor of a taxpayer citing MIRA’s failure to follow…
Filing Tax Appeals and Objections: Important Considerations
November 7, 2018 in Blog, Frontpage Article, Latest, News /by Husam Shareefby Ali Naeem, Counsel The Tax Administration Act (TAA) lays out specific procedures to go about when you disagree with a decision made by the…
Implications of Tax Ruling B65 on Lawyers
July 5, 2018 in Blog, Frontpage Article, Latest, News /by Husam Shareefby Ali Naeem, Partner It is an often debated issue whether freelance lawyers, advisors or consultants who work for law firms should be considered…