Lack of data on movable and immovable assets other than agricultural land held by landowners of that land complicates the estimation of potential gains from wealth tax
if the proposed changes were introduced.
The FBR then launched a plea against the tribunals decision with the Islamabad High Court, which ruled in favour of FBR and directed the centre to pay the wealth tax
The study will contribute to a more professionally-funded debate on wealth tax
, and will be based on register data or other microdata.
has been rescinded by most countries as a potential source of revenue because it is anti-investment and savings as it taxes assets created out of tax paid funds that is inherently unfair.
That is why it's time for a wealth tax
on Scotland's wealthiest 10 per cent, which would raise PS3.7 billion to invest in our cash-starved public services.
ISLAMABAD -- The government is planning to impose wealth tax
on moveable assets to control the country's budget deficit, and this might raise customs duties even further on more than 5200 tariff lines.
At the conclusion of Capital in the Twenty-First Century, the French economist Thomas Piketty calls for the establishment of a global wealth tax
as a key intervention to move increasingly unequal societies away from our drift toward patrimonial capitalism.
Justice Gulzar Ahmed headed the three-member bench in the Civic Centre building wealth tax
Minister Matambo was responding to a question by Selebi Phikwe West Member of Parliament, Mr Dithapelo Keorapetse, who had asked the minister to state if his ministry had any plans to introduce wealth tax
as inter alia a solution to worsening inequalities and boosting government tax collection or revenue in the foreseeable future.
These non-transferable bonds will be exempt from wealth-tax under the Wealth Tax
Act, 1957, the Finance Ministry statement said.
During the hearing headed by Justice Mohammad Bashir, prosecution witness Tasleem Khan recorded his statement, saying he went to NAB office on Commissioner Inland Revenue Fizza Batool's directives and submitted wealth tax
record of Nawaz Sharif and his sons while Jahangir Ahmed present income tax record.
He has, after all, eliminated the wealth tax
, introduced greater labour-market flexibility, cut housing benefits, and introduced reforms to higher education - policies that a majority of right-wing voters embrace.