Tax Digest 5/2022 - ADMINISTRATIVE CHANGES TO SUBMISSION OF 2% TAX DEDUCTED BY PAYER COMPANIES

The Company (“payer”) is required to deduct the 2% tax from payments to its agents, dealers and distributors on an accumulated basis by month. The above-mentioned 2% tax deduction amount is required to be remitted to the IRB latest by the end of the following month. i.e 2% deduction on the month of July 2022 must be remitted to the IRB by 31 August 2022.

Tax Digest 5_2022 - ADMINISTRATIVE CHANGES TO SUBMISSION OF 2% TAX DEDUCTED BY PAYER COMP

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