Taxing technology
THE recent decision by the FBR’s Directorate General of Customs Valuation to increase the ‘assessed value’ of various models of used mobile phones being imported into the country suggests that our tax authorities increasingly view technology as something to extract value from even before it has created any for its user. It is, of course, symptomatic of the general approach our tax authorities take; ie, relying on ‘easy’ ways to squeeze revenue out of citizens as general economic activity........
