US EditionWaiving Administrative Penalties for Corporate Taxpayers – Accountant Log
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Waiving Administrative Penalties for Corporate Taxpayers – Accountant Log
The Ministry of Finance (MoF) and the Federal Tax Authority (FTA) have announced a new initiative aimed at waiving administrative penalties for corporate taxpayers and certain exempt persons who failed to submit their tax registration applications within the required time-frame. Eligibility Criteria Eligible parties must file their tax return or annual statements within a period not exceeding seven (7) months from the end of their first tax per…
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