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Income Tax - Highlights / Catch Notes

Home Highlights February 2023 Year 2023 This

Government analyzed the wrong information reported in the SFT - ...


Penalty Introduced for Inaccurate Reporting in Statement of Financial Transactions to Enhance Tax Transparency.

February 3, 2023

Notes     Income Tax

Government analyzed the wrong information reported in the SFT - Government aim not fullfill of transparency between taxpayer and department - introduce a penalty on a person, who is liable to furnishing SFT or reportable account.

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