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The Federal Board of Revenue has issued separate provisional lists of 400 top taxpayers in each category of companies, Association of Persons, salaried individuals and non-salaried individuals, to whom Taxpayer Privilege and Honour Cards would be issued. The FBR on Monday released the names of top 100 taxpayers in each category of companies, Association of Persons and salaried individuals/non-salaried individuals after verification from the Large Taxpayer Units (LTUs) and Regional Tax Offices (RTOs) for issuance of Taxpayer Privilege and Honor Cards.
According to the FBR, as a part of Prime Minister Tax Incentive Package, Taxpayers'' Privilege and Honour Card Scheme was announced. The scheme has been notified and is available on the FBR website. Under the scheme, Privilege and Honour Cards are to be issued to 100 top taxpayers in each of the following categories: salaried individuals, non-salaried individuals, Association of Persons and companies.
The FBR has published a provisional list of such taxpayers. As per sub-para (4) of para 5 of the scheme, taxpayers are invited to file any representation or objection, latest by 16:00 hours, on 28.02.2014. Taxpayers (whose names are marked by * in the list) have outstanding, undisputed tax demand against them which makes them ineligible for the card. However, they may become eligible if they pay said demand before 28.02.2014.
Taxpayers, whose names appear after serial No 100 in any category will only be eligible for the card if taxpayers above them in rank (whose names are marked by * in the list) fail to pay outstanding, undisputed tax demand against them, the FBR added.
The holder of the card shall be entitled to and enjoy the following privileges: The facilities and privileges as provided at the VIP lounges of airports managed by Civil Aviation Authority excluding lounges managed and maintained by Airlines for their passengers; secondly, fast-track clearance at immigration counters; thirdly, issuance of gratis passport; fourthly, increase in baggage allowance from $500 to $5,000; fifthly, invitation for Annual dinner and Excellence Awards by the Prime Minister and invitation for ceremonies on 23rd March and 14th August.
The list has been compiled on the basis of the return or statement of final taxation fully paid and no arrear or current demand is outstanding against the individual the AOP, or the company, as the case may be, unless the said demand is disputed in any court or stayed by any court.

Copyright Business Recorder, 2014

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