Former provincial minister for Sindh Syed Shabbar Zaidi has been named by Prime Minister Imran Khan as his choice for the new Federal Board of Revenue (FBR) chairman.
According to Dawn, the prime minister stated that the appointment will be notified soon.
Syed Zaidi is a prominent chartered accountant and is senior partner in A.F. Ferguson & Co, a member firm of Pricewaterhouse Coopers and has penned multiple books which includes; Panama Leaks: A Blessing in Disguise – Offshore Assets of Pakistani Citizens; A Journey for Clarity and Pakistan: Not a Failed State.
The nominated former minister of Sindh is proficient in Pakistan’s tax laws and the key policy matters governing fiscal strategy etc. He has also advised the Superem Court case in an offshore assets owned by Pakistanis.
“It is said that taxes are the price of civilisation,” he wrote in an article for Dawn in 2015. “There can be no state, and no rule of law, without proper revenue mobilisation. And revenues do not come walking through the door of the tax authorities. They have to be assessed and levied at the pain of penalty.”
“If we bargain with this power to assess revenues, we are effectively bargaining away the writ of the state. The importance of documentation cannot be emphasised enough, and documentation will not happen by itself. It needs to be pushed, and every push will meet resistance. Overcoming this resistance is central to promoting the revenue interests of the state.”