Year 2020 has solid figures to boost Pakistan economy ahead.

Byline: Khalil Ahmed

Interview with Mr Ashfaq Yousuf Tola - President, TOLA ASSOCIATES

Profile:

Professional Accomplishments

Memberships:

Fellow Member of Institute of Chartered Accountants of Pakistan

Fellow Member of the Institute of Cost and Management Accountants of Pakistan

Life Member of Karachi Press Club

Life Member of SAARC Chamber of Commerce and Industry

Member of Karachi Tax Bar Association.

Key Achievements:

Presentation to IMF on Single Stage Sales Tax in December 2015

Visited Turkey as an official of Government of Pakistan to study Turkish Tax System and authored a report on Turkish Taxation System

Knowledge of more than 40 Jurisdictions around the globe and co-authored report with Dr. Hafeez Pasha on Sindh Provincial Taxation System

International Speaker on Pakistan Economy and Non-Resident Taxation in 2018 and 2019 at Dubai, Abu Dhabi and Jeddah

Distinction of passing CA Examinations - Intermediate and Final (both groups together in 1st attempt) as trainee of PWC A. F. Ferguson and Co., Chartered Accountants

Areas of Expertise:

Tax Planning and Advisory

Assurance and Business Advisory Services

International Mergers and Acquisitions

Corporate Finance and Investment Advisory

Due diligence and Forensic audits

Financial Product Designing and Launching

Public Listings and Corporate Affairs

Key Positions:

Member Board - Privatization Commission, Government of Pakistan (Present)

Chairman - Sub-Committee on Taxation for promotion of Islamic Banking Ministry of Finance, GOP. (2017)

Federal Board of Revenue, Government of Pakistan:

Chairman Anomaly Committee (2019)

Member Tax Reforms Implementation Commission (2016 to date)

Member Tax Reforms Commission (2015)

Member Tax Advisory Council (2014-15)

Member Taxation Reforms Coordination Group (2011-13)

Member Revenue Advisory Council (2011)

Institute of Chartered Accountants of Pakistan:

Member Council, (Present)

Chairman - Fiscal Laws Committee (Taxation), (Present)

Chairman - Anti Money Laundering Committee, (Present)

Chairman - CA Joint Committee, (Present)

Member Investigation Committee, (Present)

Member Examination Committee, (Present)

Member Public Sector Committee, (Present)

Member Overseas Coordination Committee, (2018)

Member Regional Committee - (Southern Region) (1993-1996)

Secretary of Regional Committee (Southern Region) (1996)

Member Education and Training Committee, (1994-95, 95-96, 96-97)

Member Technical Services Committee, and 1992-93, 93-94)

Chairman Chartered...