Pakistan's Federal Board of Revenue has published Circular No. 8 of 2020/IR-Operations, which provides for an extension of the deadline for the submission of the Taxpayer Profile to 31 March 2021. The Taxpayer Profile is a new requirement introduced by Finance Act 2020, which requires the electronic submission of information in a prescribed form on bank accounts, utility connections, business premises, types of business, and other information that may be prescribed. For existing taxpayers registered before 30 September 2020, the initial submission was to be made by 31 December 2020. For taxpayers not registered before 30 September 2020, the profile...