Revenue Agency ( Resolution No. 68 of 2009) has finally declared the eligibility of the deduction of withholding tax on income from self-employment and enterprise in the absence of the relevant certificate issued by the withholding agent. In the resolution makes clear that the deduction is acceptable provided that the substitute to produce a declaration in lieu of an affidavit and be able to produce invoices and bank records as evidence of the net compensation actually received.
With this resolution is not a worrying trend of litigation with tax authorities.
With this resolution is not a worrying trend of litigation with tax authorities.
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