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Pakistan: Economy Under Elites – Tax Amnesty Scheme, 2019

Author

Listed:
  • Muhammad Ashfaq Ahmed

    (Ex-Chairman, Federal Board of Revenue, Islamabad.)

  • Ikram Ali Malik

    (Federal Board of Intermediate & Secondary Education, Islamabad.)

  • Nasreen Nawaz

    (Federal Board of Revenue, Islamabad.)

Abstract

The Tax Amnesty Scheme, 2019 (TAS 2019), needs to be read as a sequel to the Tax Amnesty Schemes, 2018 (TAS 2018), and so does this article. This article draws significantly on “Pakistan: Economy Under Elites—Tax Amnesty Schemes, 2018” – in the title, analytical framework, and even the thrust of the argument. Unlike TAS 2018, which was triggered by the impending bulk inflows of offshore bank account information under the Organisation for Economic Cooperation & Development (OECD)—Common Reporting Standard (CRS) framework, the TAS 2019 was prompted by the operationalisation of the Benami Transactions (Prohibition) Act, 2017, via framing of the Benami Transactions (Prohibition) Rules, 2019.

Suggested Citation

  • Muhammad Ashfaq Ahmed & Ikram Ali Malik & Nasreen Nawaz, 2022. "Pakistan: Economy Under Elites – Tax Amnesty Scheme, 2019," PIDE-Working Papers 2022:9, Pakistan Institute of Development Economics.
    • Handle: RePEc:pid:wpaper:2022:9
    as

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    References listed on IDEAS

    as
    1. Bayer, Ralph-C. & Oberhofer, Harald & Winner, Hannes, 2015. "The occurrence of tax amnesties: Theory and evidence," Journal of Public Economics, Elsevier, vol. 125(C), pages 70-82.
    2. Herman B. Leonard & Richard J. Zeckhauser, 1987. "Amnesty, Enforcement, and Tax Policy," NBER Chapters, in: Tax Policy and the Economy, Volume 1, pages 55-86, National Bureau of Economic Research, Inc.
    3. Attiya Waris & Laila Abdul Latif, 2014. "The effect of tax amnesty on anti-money laundering in Bangladesh," Journal of Money Laundering Control, Emerald Group Publishing Limited, vol. 17(2), pages 243-255, May.
    4. Nur Sayidah & Aminullah Assagaf, 2019. "Tax amnesty from the perspective of tax official," Cogent Business & Management, Taylor & Francis Journals, vol. 6(1), pages 1659909-165, January.
    5. Julio López-Laborda & Fernando Rodrigo, 2003. "Tax Amnesties and Income Tax Compliance: The Case of Spain," Fiscal Studies, Institute for Fiscal Studies, vol. 24(1), pages 73-96, March.
    6. Ahmed Muhammad Ashfaq, 2019. "Pakistan: Economy under Elites – Tax Amnesty Schemes, 2018," Asian Journal of Law and Economics, De Gruyter, vol. 10(2), pages 1-18, August.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Tax Amnesty Scheme; 2019;

    JEL classification:

    • H30 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - General

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