Texation

Taxation

Elite Professional Services helps enterprises in formulating effective strategies for optimizing taxes, implementing innovative tax planning and effectively managing compliance. Our industry professionals have extensive domain knowledge that is complemented by technical proficiency and dedicated relationships with respective clients. Our tax professionals have a strong reputation in developing new ideas and solutions that have helped clients to improve their efficiencies and offer better services. We understand the underlying industry and business issues that our clients face which helps us to customize solutions for their specific needs. In the modern day world all businesses are engaged in multinational transactions and operations, they are continually challenged to manage the impact of multiple and ever changing tax jurisdiction. Elite Professional Services provides comprehensive and sophisticated tax assistance in effectively structuring the impact of global taxation. In Pakistan considering the local requirements we are offering services in both direct and indirect taxation. Our professionals provide a variety of tax compliance and consulting services, including:

• Registration and De-Registration.
• Direct and Indirect tax compliance support including filing of withholding statements, income tax returns and sales tax returns.
• Income Tax and Sales Tax refund processing.
• Assistance in issuance of tax exemption certificates or reduce rate certificates under the Income Tax Ordinance, 2001.
• Rendering opinion on classification, valuation, implication and withholding of taxes on transactions and admissibility to tax benefits / exemptions.
• Tax planning and savings.
• Formulating indirect tax efficient business models.
• Undertaking comprehensive reviews of business operations.
• Carrying out health checks aimed at providing assurance in tax compliance.
• Assistance in assessment, monitoring and tax audits.
• Review of notice / order issued by tax authorities and suggesting future course of action.
• Replying to Show-Cause Notice in the light of factual and legal position of law.
• Drafting, filing and contesting appeals before appellate forum.
• Appearances & arguments before adjudication & appellate authorities
• Representation before relevant Federal & Provincial Tax Authorities.
• Advising tax implications and best course of action for tax savings / tax avoidance in business transactions.
• Liaison with lawyers with respect to matters including writing petitions before High Court or Supreme Court of Pakistan.