Tax Law
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Tax Law
Welcome to Qanoon Quorum – your premier law firm for comprehensive tax law services in Punjab and Pakistan. We are committed to providing expert guidance and representation in tax matters for clients in Lahore and overseas Pakistanis, ensuring compliance and protecting your financial interests.
Why Choose Qanoon Quorum for Tax Law?
Navigating the complex world of tax laws can be daunting. At Qanoon Quorum, our team of skilled tax attorneys is dedicated to helping you understand and comply with the intricate tax regulations in Pakistan. We provide strategic advice and robust representation in tax disputes, with a deep understanding of the unique challenges faced by both local businesses and overseas Pakistani clients.
Our Tax Law Practice Areas;
Income Tax:
Managing your earnings with precision and compliance. We provide comprehensive services in income tax planning, filing, and dispute resolution. Our expertise ensures that individuals and businesses comply with the Income Tax Ordinance, 2001, and maximize their financial outcomes.
Sales Tax and Value Added Tax (VAT):
Navigating indirect taxes with expert guidance. Our attorneys assist with all aspects of sales tax and VAT, including registration, compliance, and disputes. We help businesses understand their obligations under the Sales Tax Act, 1990, and implement effective tax strategies.
Corporate Tax:
Optimizing tax strategies for businesses. Qanoon Quorum offers specialized services for corporate tax planning, compliance, and dispute resolution. We advise corporations on tax-efficient structures and represent them in disputes with tax authorities.
Customs and Excise Duties:
Simplifying cross-border trade and local manufacturing taxes. We provide legal support in matters of customs duties, excise taxes, and import-export regulations. Our team ensures that your business complies with the Customs Act, 1969, and the Federal Excise Act, 2005, while minimizing tax liabilities.
Withholding Tax:
Ensuring accurate and timely tax deductions. We guide businesses and individuals on their obligations under the withholding tax regime, ensuring compliance with the Income Tax Ordinance, 2001. Our services include advisory, compliance, and handling disputes related to withholding taxes.
Property Tax:
Managing taxes on immovable property efficiently. Our firm assists with property tax matters, including compliance and dispute resolution under the Punjab Urban Immovable Property Tax Act, 1958. We help property owners navigate the complexities of property taxation.
Capital Gains Tax:
Strategic planning for investment returns. We offer expert advice on capital gains tax, helping clients manage tax liabilities on the sale of assets and investments. Our services include compliance, planning, and dispute resolution.
Tax Dispute Resolution:
Defending your rights in tax disputes. Qanoon Quorum provides robust representation in tax disputes before tax tribunals and courts. We aim to resolve tax issues efficiently and favorably, protecting our clients’ interests in all tax matters.
- NTN Registration
- Reply of Notices
- Company Registration
- Sales Tax Registration
- Return Filing
- Compliances
How We Works
Process
Discuss
ngage in detailed consultations to understand client needs and legal objectives.
Research
Conduct thorough investigations and legal research to build strong cases.
Take Action
Implement strategic legal actions to achieve favorable outcomes for our clients.
Tax Laws in Punjab and Pakistan:
Our practice covers a broad spectrum of tax laws that affect individuals and businesses across Punjab and Pakistan:
- Income Tax Ordinance, 2001: The primary legislation governing income tax in Pakistan, detailing the rules for tax computation, collection, and enforcement.
- Sales Tax Act, 1990: Regulates the imposition and collection of sales tax on goods and services, outlining the responsibilities of businesses in tax reporting and payment.
- Federal Excise Act, 2005: Governs the levying of excise duties on the production, distribution, and consumption of goods within Pakistan.
- Customs Act, 1969: Sets the framework for the collection of customs duties on imports and exports, ensuring compliance with international trade regulations.
- Punjab Sales Tax on Services Act, 2012: Establishes the guidelines for the collection of sales tax on services within Punjab, specifying the obligations of service providers.
- Punjab Urban Immovable Property Tax Act, 1958: Imposes property tax on urban immovable properties, detailing the assessment and collection procedures for property owners.
- Finance Act: Enacts annual changes to the tax laws, including adjustments to tax rates, exemptions, and incentives, reflecting the government’s fiscal policy.
- The Companies Ordinance, 1984: (replaced by the Companies Act, 2017) Governs the corporate taxation framework, including provisions for tax compliance and incentives for businesses.
- Capital Value Tax (CVT): Levies tax on the transfer of immovable property, including shares and other assets, impacting capital gains and investments.
- Withholding Tax Regime under Income Tax Ordinance, 2001: Specifies the requirements for withholding tax on various transactions, including salaries, payments to contractors, and dividends.
Commitment to Overseas Pakistanis:
At Qanoon Quorum, we recognize the unique tax challenges faced by overseas Pakistanis. Whether it’s dealing with dual tax obligations, understanding non-resident tax implications, or managing property and investments in Pakistan, our dedicated team provides tailored services to meet your needs. We ensure that expatriates receive clear, actionable advice and effective representation in tax matters affecting their interests in Pakistan.
Serving Lahore with Excellence:
Located in Lahore, Qanoon Quorum is deeply embedded in the local legal and business community. We offer extensive experience in handling tax matters in Lahore’s courts and before tax authorities. Our commitment to excellence ensures that our clients receive the highest standard of legal support in all tax-related issues.
Practice Areas
Our Attorney
Let's Connect
- 0322 4025245
- info@qanoonquorum.com
- S4, Makka Tower, 13 Fane Road, Lahore.