Integrated tax solutions that hold up.
MZ is one of the market leaders for tax services. We assist businesses, individuals and organisations with tax strategy, planning, and compliance, whilst also delivering a wide range of business advisory services with dedicated tax professionals.
We take a holistic view, combining industry insight with the technical skills of financial and tax professionals and our other in-house resources as necessary, to develop comprehensive integrated solutions. We have experience of working with large and diverse client-base comprising all types of businesses — multinationals, local companies, privately-owned organisations, entrepreneurs, family businesses, trusts, partnerships and private individuals.
Years of practice
Professionals
Market Leader
tax services
Dedicated
tax specialists
BKR International
80+ countries
Tax services across every entity.
Explored in depth below — six capabilities that together form the MZ tax practice.
Income Tax
The objective of our tax services is to deliver integrated solutions that result in most tax efficient structure. We also provide business advice tailored to meet the specific needs of individual clients. We suggest doable options always keeping in view the fact that such options should be within the legal framework.
We assist the organizations in devising long-term development plans and to organise their expansions and diversification in a manner to optimise tax burden.
We also offer advice in specialist areas such as international corporate tax, mergers acquisitions, transfer pricing, due diligence; etc.
Corporate Taxation
Compliance with various regulatory provisions of tax laws is often time consuming and cumbersome. In order to satisfy needs of our clients, the Firm provides full range of services to suit requirements of any business enterprise, be it in the form of advice or compliance assistance.
Our range of services in the area of corporate taxation includes:
- preparation and filing of tax returns
- advisory services on interpretational issues in the tax laws
- determination of income and chargeability of tax.
- obtaining exemptions and withholding tax certificates on behalf of clients
- assisting the client in preparation, review and filing of various statutory statements.
- compliance services relating to corporate taxation including advance payment of tax
- assisting the client in preparation of reply of notices issued by various taxation authorities.
- representations before tax authorities and Federal Board of Revenue; and
- representing the clients before various appellate forums.
Non Resident Taxation
The tax services are also provided to non residents and the partners are capable to handle intricate tax issues involving non-resident taxation. The services interalia include the following:
- Advising non-resident on transactions before these are entered into
- Obtaining Advance Ruling from FBR on tax treatment of any proposed transaction
- Advising on tax implications of stock options plans
- Advising the tax implications under various Agreements for Avoidance of Double Taxation (Treaties)
- Personal tax services including International Executive Tax Services.
- US Tax Returns
Personal Taxation
In order to minimise the risks of default and impact of higher incidence for the high net-worth individuals and to assist the organisation in fulfilling their statutory responsibilities, the Firm has developed a range of services, which includes:
- compliance services in respect of personal taxation including preparation and filing of tax returns; and
- designing appropriate salary structures
Specialized Services
Our specialized services encompass the following
- Researching tax implications of proposed business transactions or of new businesses.
- Assisting in the preparation of and in obtaining various approvals for employee retirement schemes such as Provident Fund, Gratuity Fund and Pension Fund.
Indirect Taxation (Sales Tax, Customs & Federal Excise)
Over the past few years, the indirect tax net has spread all over the economy, covering almost all sectors of business. Lack of knowledge on the part of tax administrators / tax payers coupled with abrupt changes in law require the provision of timely and effective business advice to help organizations plan and implement the required compliance measures. Our range of services encompasses the following:
- Assisting the clients over the legal matters in the light of Sales Tax Act, 1990, Provincial Sales Tax Ordinances, 2000, Federal Excise Act, 2005 and Customs Act, 1969.
- Handling cases involving interpretation of law, procedures and documentation.
- Supervision and finalisation of assignments involving sales tax / excise system evaluation of various corporate entities which includes preparation of audit reports and recommending appropriate control.
- Formulating tax beneficial business strategies and VAT (Value Added Tax) planning.
- Handling shows cause notices and representing the clients before the tax adjudicating authorities.
- Preparation and finalisation of appeals before the Customs, Excise & Sales Tax Appellate Tribunal (CESTAT) and appearing before the CESTAT.
- Replying departmental audit observations on behalf of the clients.
- Handling compliance matters under the Indirect Tax Regime.
- Pre-filing audit and preparation of monthly tax returns cum payment challan and refund processing.