Post by joita9865 on Oct 25, 2023 0:54:25 GMT -7
Act will be exposed to additional tax sanctions, which are very severe. So far, regulations in this area have been very restrictive. However, this changed slightly after the introduction of the SLIM VAT package. So let's see what the amendment to the regulations is. Determining additional VAT liability Until June , From June , Sanctions were imposed at fixed rates: %, % and % regardless of the circumstances After the change, the head of the tax office will take into account.
The circumstances of the irregularity, the type and degree of violation of the entrepreneur's obligation that philippines photo editor resulted in the irregularity type, degree and frequency of irregularities identified so far regarding non expired tax liabilities, the amount of identified irregularities, including the amount of understatement of tax liability, the amount of overstatement of tax difference refund, input tax refund or tax difference to reduce the tax due for the next settlement periods, actions taken by the entrepreneur after detecting the irregularity in order to remove the effects of the irregularity.
An additional obligation will be imposed in the amount of up to %, % or % and in some cases the authority will be able to refrain from imposing sanctions. Irregularities resulting from intentional action, in particular tax fraud, will have a different weight than other categories of offenses In accordance with the transitional provision.
The circumstances of the irregularity, the type and degree of violation of the entrepreneur's obligation that philippines photo editor resulted in the irregularity type, degree and frequency of irregularities identified so far regarding non expired tax liabilities, the amount of identified irregularities, including the amount of understatement of tax liability, the amount of overstatement of tax difference refund, input tax refund or tax difference to reduce the tax due for the next settlement periods, actions taken by the entrepreneur after detecting the irregularity in order to remove the effects of the irregularity.
An additional obligation will be imposed in the amount of up to %, % or % and in some cases the authority will be able to refrain from imposing sanctions. Irregularities resulting from intentional action, in particular tax fraud, will have a different weight than other categories of offenses In accordance with the transitional provision.