Penalty waiver extended for late-filed tax returns, late tax payments (COVID-19)

The Minister of Finance issued Ministerial Resolution no. 2303 (21 January 2021) to extend the waiver of penalties for all late tax return filings and late tax payments until June 2021—part of the effort to mitigate the impact of the coronavirus (COVID-19) pandemic on economic activities.

Source: KPMG

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