Withholding tax scope expanded to include sums payable to persons, broadening deduction categories and specified payment types. The amendment broadens the withholding regime by replacing the triggering phrase with any income of any person or sum payable to any person, and by ... Summary
Withholding tax scope expanded to include sums payable to persons, broadening deduction categories and specified payment types.
The amendment broadens the withholding regime by replacing the triggering phrase with any income of any person or sum payable to any person, and by expanding the list of specified payment categories subject to deduction at source, thereby widening the range of payments and payees covered by withholding obligations.
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