Hassan Kasbati

Head of Taxation and Compliance

BYD Pakistan • Tiempo completo

Dec 2024 - Present • 1 yr 8 mos

Achievements / Tasks  Ensure accurate and timely filing of all tax returns and manage tax payments.  Develop strategies to minimize tax liabilities and improve tax efficiency.  Identify and mitigate tax risks, ensuring compliance with laws and regulations.  Provide updates on tax changes and collaborate with internal/external stakeholders.  Enhance tax processes for efficiency and accuracy

Tax & Insurance Lead

State Power Investment Corporation (China) • Tiempo completo

Oct 2021 - Dec 2024 • 3 yrs 2 mos

Achievements / Tasks  Conducted in-house tax reviews and generated opinions for effective tax planning.  Reduced tax liabilities by securing exemptions/reduced rates, saving millions.  Optimized tax structures for better management and planning.  Secured operational insurance for the $1.2B CPHGC Power Plant under CPEC at favorable rates.  Processed a sales tax refund of $2.07B with tax authorities.  Prepared reconciliations and responses to notices from FBR, SRB, BRA, and PRA.  Assessed tax implications and managed registrations under federal and provincial tax laws.

Senior Tax Analyst

Hub Power Company Limited • Tiempo completo

Dec 2015 - Oct 2021 • 5 yrs 10 mos

Achievements / Tasks  Optimized tax structures across group entities, saving millions on dividend disbursements.  Facilitated the transfer of Rs. 298 million in GST during the demerger process.  Processed a Rs. 6.239 billion sales tax refund with authorities.  Prepared tax stewardship reports for the Board.  Managed external tax audits, compliance, and filings with tax authorities.  Coordinated with tax consultants and lawyers for appeals and documentation.  Calculated income tax expenses for group financial statements.  Ensured accurate withholding tax application on daily transactions.  Advised on tax implications for foreign payments.