- The new Amnesty Law provides a 65% wavier of any outstanding delay interest, additional taxes, and duties if the principal amount of tax is paid before 31 August 2022, for all taxpayers.
- The Law also allows the Dispute Resolution Committee (DRC) to continue accepting new tax dispute applications until 31 December 2022.
- Taxpayers should evaluate and assess whether the Amnesty Law can assist with settling their tax liabilities.
Source EY
