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A Brief on Tax Laws (Amendment) Ordinance, 2021

A Brief on Tax Laws (Amendment) Ordinance, 2021

Tax Laws (Amendment) Ordinance, 2021 has been promulgated by the President of Pakistan on 12 February 2021 and shall come into force at once.

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Kamran Butt

Partner - Head of Tax

KPMG in Pakistan

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A brief on Tax Laws (Amendment) Ordinance, 2021

This publication contains our comments on the significant amendments introduced by Tax Laws (Amendment) Ordinance, 2021 (referred to as Amendment Ordinance). 

This brief contains the comments, which represent our interpretation of the legislation. We recommend that while considering their application to any particular case reference be made to the specific wordings of the relevant statute.

© 2021  KPMG Taseer Hadi & Co., a Partnership firm registered in Pakistan and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.

For more detail about the structure of the KPMG global organization please visit https://home.kpmg/governance.

The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavour to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. The KPMG name and logo are registered trademarks or trademarks of KPMG International.

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