Suprema Lex PK

07/07/2020

https://www.accaglobal.com/pk/en/technical-activities/technical-resources-search/2013/january/tc-furniss-v-dawson.html

Artificial series of steps inserted purely for the avoidance of tax; consolidated the Ramsay principle established in the case of W.T. Ramsay v CIR

11/08/2019

A derivative is a 'contingent contract' and is used as a financial instrument that has its value contingent upon the value of the underlying asset. Contrary to the popular misconceptions, derivatives are 'hedging' instruments against risks in face of delivery or price uncertainties at a value agreed by the parties. Hedging thus makes the risk diversified in the market among and within industries through derivatives.

Credit default swaps? They're complicated -- and scary! The receipt you get when you pre-order your Thanksgiving turkey? Not so much. But they have a lot in ...

10/08/2019

https://www.facebook.com/2166758650303004/posts/2254805588164976/

08/08/2019

"Bitcoin is a hedge against inflation." Hardly. The greatest thing about Bitcoin or crypto generally is that they are 'unprotected'. The worst thing about them is that they are, well, 'unprotected'. If a stately contractual and legal validity holds as a value for any currency then the contractual, that is, legal value has much to do with crypto domain too. And who says government can't issue, that means potentially inflationary, cryptocurrencies?

https://bitcoinist.com/bitcoin-will-be-part-of-a-lot-of-hedge-fund-portfolios-investment-ceo/

https://m.facebook.com/story.php?story_fbid=1276525665859265&id=1260366824141816

Investor interest in Bitcoin is increasing all over the world. The cryptocurrency will be held in a lot of hedge fund portfolios.

08/08/2019

https://dailytimes.com.pk/444895/secp-revokes-licences-of-13-not-for-profit-companies/amp/

The Securities & Exchange Commission of Pakistan in its drive against non-compliant companies, has revoked during the quarter ended on June 30, 2019, the licences of 13 not-for-profit companies, issued in pursuance of Section 42 of the Companies Act, 2017. The main reason for revocation of licences....

08/08/2019

Market size of a business entity is the trust reposed by the consumers in it. And no great business ever thrives without making big opprtunities for new entrants in that industry whether as startups, employees and most importantly as consumers.

March13, 2019 - The Competitive Enterprise Institute (CEI) launched a new video, “Antitrust Explained,” disputing recent calls by politicians and academics t...

08/08/2019

If taxes increase at the cost of hurting businesses, the tax revenue will keep on decreasing instead of increasing.

THis is a short video explaining the Laffer Curve

07/08/2019

The more formal a contract is, the more it is possible to be cheated by.

This video walks you through an example of Mechanism Design problem from Hal Varian's Microeconomics textbook where you set up both participation constraints...