Tax Book 2023

Ethics in Tax Laws Chapter- 02

enforcement of, or reduction or remission in, duty, penalty or tax, in accordance with the

relevant law for the time being in force;

4. improve the productivity through a comprehensive and effective human resource strategy;


5. identify and select through Internal Job Posting process the employees for designated
   jobs;


6. grant additional allowances or any other incentives and rewards to the employees and
   members of the Board;


7. take appropriate measures including internal controls to combat corruption within the
   organizations under the Board and provide checks to ensure the integrity of employees
   that is verified periodically through applicable procedure which shall be made one of the
   criterion for promotion and incentives;


8. re-designate existing posts within its jurisdiction, prepare job description of any post and
   create posts as per rules;


9. direct or advise, where necessary, investigation or inquiry into suspected duty tax
   evasion, tax and commercial fraud, money-laundering, financial crimes cases and to
   coordinate with the relevant law enforcement agencies;


10. introduce and maintain a system of accountability of performance, competence and
    conduct of the employees.


11. implement international obligations pursuant to a treaty, resolution or any international
    commitment;


12. create a surplus pool of employees as and when required;


13. make regulations, policies, programs, strategies in order to carry out the purposes of this
    Act;


14. regulate and enter into any agreement, contract, understanding, with any international
    organization or institution or donor agency or counterpart entity with approval of the FG;


15. set up mechanism and processes that facilitate removal of grievances and complaints of
    the tax payers;


16. enable electronic communication in respect of all taxation matters such as e-filing, e-
    payments, e-notice, e-notification, digital imaging, protocols or agreements as may be
    prescribed; and


17. ETHICS FOR TAX PRACTITIONERS

4.1 Ethics for tax practitioners

There are five fundamental principles of Ethics for tax practitioners are set out below:

(i) Integrity. The principle of integrity imposes an obligation on all tax practitioners to be

straightforward and honest in all professional and business relationships. Integrity also

implies fair dealing and truthfulness. Tax practitioners should not be associated with the

reports, returns, communications or other information where they believe that the

information;

(a) Contains a materially false or misleading statement;

(b) Contains statements or information furnished recklessly; or

(c) Omits or obscures information required to be included where such omission or

obscurity would be misleading.

(ii) Objectivity. The principle of objectivity imposes an obligation on all tax practitioners not

to compromise their professional or business judgment because of bias, conflict or

interest or the undue influence of others. A Tax practitioner may be exposed to situations