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Silver lining in new withholding obligation law

Silver lining in new withholding obligation law

A new law targeting tax deductions where withholding obligations have not been complied with could help tax advisers identify cash flow issues with their business clients sooner, says one tax expert.

  • Shared by Accountants Daily
  • June 14, 2019
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Last year, new laws passed, introducing new legislation to deny an income tax deduction for certain payments if the associated withholding obligations have not been complied with.

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