ISLAMABAD: Federal Board of Revenue (FBR) has set up a Transfer Pricing Unit to work towards establishing a strong transfer pricing regime by providing technical backstopping to field officers.
The Transfer Pricing Unit has also been established for building the field officers’ capacity, developing a resource base including database of comparables, proposing improvements in law and policy and establishing a regime where transfer pricing adjustments are given due importance during proceedings.
The Unit will be headed by Malik Amjed Zubair Tiwana, Chief (Income Tax Policy-II) and will be supervised by Dr Muhammad Iqbal, Special Assistant to Chairman FBR Tariq Bajwa. Meanwhile other officers include Muhammad Khalid Jamilm, Secretary; Dr Tariq Masood, Chief (ITP-I), FBR (HQ); Girdhari Mal,.Addl CIR, LTU, Karachi; Zia Agro, Addl CIR, LTU, Karachi; Abdul Jawwad, Addl CIR, LTU, Lahore and Muhmmad Ali, DCIR, LTU, Islamabad.
