Банкеръ Weekly

Briefs

TAX AUTHORITIES GIVEN A FREE HAND AGAINST FLY-BY-NIGHT COMPANIES

Article 109 against tax frauds, was returned in the new stipulations of the Tax Procedures Code (TPC), approved by Parliament on April 24. This provision entitled tax authorities to refuse a tax credit anyone who had purchased goods or services from an inaccurate taxpayer. After much debate, this...
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