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TAXATION AWARDS 2006 |
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Excellence in tax
Don’t miss out on this chance of your nominee or yourself being a winner of one of the most sought after and prestigious awards in Pakistan’s tax calendar. Taxation Awards honour organisations and individuals who have made an outstanding contribution in the field of taxation, whether in practice or in commerce. These annual awards would become the ‘gold standard’ for a tax team or individual to recognise their contribution and to highlight to clients and peers their success.
Awards Ceremony The Taxation Awards will be presented during an impressive ceremony to be held at Karachi. The awards ceremony will attract a major audience of top stakeholders from across the country. A well known personality will be presenting the winners with their awards.
Awards Categories
Best Tax Payer (Highest Payer of Tax) – Tax Year 2005 1. Individual – Non presumptive business income 2. Individual – Salary income from private sector 3. Individual – Salary income from public sector, financial sector, MNC 4. AOP – Non presumptive business income 5. Private Limited Company – Non presumptive business income 6. Public Listed Company – Non presumptive business income 7. Multi National Company – Non presumptive business income 8. State Owned Company – Non presumptive business income
Best Withholding Agent 9. Private Limited Company 10. Public Listed Company 11. Multi National Company
Tax Personality of the year 12. From Chambers / Trade Associations 13. From Industry / Business This award is aimed at two individuals who have made an outstanding contribution in the field of tax in the past year. This may include successfully pursuing legislative change, highlighting key tax issues or in some other way making a significant impact in the world of tax. The judges are looking primarily at the achievements in the last 12 months but will also consider success in previous years.
Best Tax Man 14. Direct Taxes – Middle Management & Higher Management 15. Indirect Taxes – Middle Management & Higher Management
Best Tax Team in Practice 16. Best Team in a Large Firm 17. Best Team in a Smaller Firm The categories relate to teams working in tax or accountancy firms/companies. The judges will be looking for evidence of teamwork rather than individual achievement and signs of how the team has found a way to offer an exceptional service to its clients by adding extra value and bringing a competitive advantage to the firm or company. Other factors that will be considered by the judges will include:
Best In-House Tax Team This award is designed to recognise in-house tax experts in industry and business (as opposed to specialist firms). It will be given to a dynamic and versatile team that has added value by furthering strategic objectives or maximizing shareholder value. The judges will consider how the team has dealt with compliance, operations and planning and will look for evidence of success. Consideration will also be given to risk management, training, and mentoring etc. The judges will also consider any evidence of how technology is being used to support and enhance the operations of the tax department.
Best Tax Software This is open to all tax software suppliers (large and small) who develop programs for tax professionals. They will need to show a proven ability to provide reliable, accurate software that provides assistance to tax advisers in their work. Ease of use will be an important attribute. In particular, the judges will be looking for a unique approach and an innovative attitude. Entries should be accompanied by background information about the software.
Best Tax Website This will be awarded to a website which is dedicated to helping tax professionals or taxpayers. It may do this by providing topical and technical tax information, in a manner which enables its audience to keep well informed. It may offer information and advice for free or by means of subscription. Ease of use, clear navigation, accurate analysis and appropriate depth of tax related material will be relevant judging criteria.
Best Indirect Tax Team This award will go to a team which has proven specialist skills in providing exceptional advice in the field of indirect taxes. The team will need to provide evidence of proven success in offering added value to clients, an in-depth knowledge of their field of tax and an innovative or exceptional service.
Best International Tax Team Teamwork will be a key element to this award and evidence will be sought to show how the team has delivered an exceptional service to its clients in the international field of tax. The judges will consider evidence of added value to clients, innovative use of technology, development of client relationships and a unique or unusual approach to providing a quality service.
Tax Lawyer of the Year This is open to any lawyer working in the field of tax who has shown the technical and professional ability to make an outstanding contribution during the year. This may have been via a particular case or a series of cases or by some other means where there has been a proven impact. Whilst this award centres on the achievements of the past year, success in previous years will also be taken into consideration.
Best Tax Team in a Law Firm This award honours those tax teams which work within legal firms. The judges will be looking for evidence of innovative work which adds value to clients; clear examples of team work and proven success. This should include examples of how the team has worked together to produce effective results.
Tax Writer of the Year This award will go to the individual who has shown a proven ability to write knowledgeably about key tax issues either in newspapers, magazines, trade publications or on websites. The judges are looking in particular for evidence of communicating complex issues in a manner that is accessible to either tax advisers or taxpayers or both. Equally the judges will be looking for insight, thought leadership and analysis.
Lifetime Achievement Award This is an opportunity to recognise an individual who has made a significant impact within the tax field during their career. The judges will consider the individual’s contribution to the profession and their unique abilities that have earned them the respect of their colleagues and peers. They will take into account leadership, innovation and achievements. This category is intended to recognise a life’s work in relation to tax as opposed solely to achievements in the last year.
Conditions of Entry Entries can be accepted from the firm, organisation or individual. Nominations can also be accepted from third parties. The judges’ decision is final and their deliberations are confidential.
To enter Entry document – please state in no more than 3,000 words why you believe you or your nominee should be put forward for the award (please supply 5 photocopies of this document). This document should outline all the key reasons why you / nominee should be considered. The judges will only be able to focus on the aspects relevant to the category. Successful candidates / nominees are likely to be those who provide well set out, relevant, concise information which clearly highlights the winning points of the team or individual.
Judges and Judging The judges will be experts drawn from the tax, accountancy and legal professions. Where appropriate, the judges will consider the entries based on the following five key criteria: 1. outstanding tax technical ability; 2. efficiency and effectiveness in delivery of tax work; 3. any unique or unusual approach that has brought success to the firm or team or individual; 4. professionalism; and 5. reliability/accuracy.
However, some categories require special skills that do not readily fall into the five categories above and these are considered in more detail under the separate headings above. Judges will be asked to nominate their first choice in each category with the winner being determined by the majority vote. In the event of a tie, the chairman will have the casting vote.
TAX FORUM – TAXATION AWARDS 36-FCC-Gulberg, Lahore Ph: 5717101-3 - Fax: 5871895
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