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Quarterly tax deduction and collection reporting obligations set with specified forms and deadlines under amendment. The amendment prescribes quarterly reporting duties for withholding and collecting agents, requiring delivery of specified forms for salary and other deductions and for collections by the fifteenth of July, October and January for the first three quarters and by the thirtieth of April for the final quarter; it also requires the prescribed authority or its authorised person to deliver an annual statement reconciling deducted, collected or paid tax to affected persons by the fifteenth of June following the financial year and inserts the related forms into the rules appendix.
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Quarterly tax deduction and collection reporting obligations set with specified forms and deadlines under amendment.
The amendment prescribes quarterly reporting duties for withholding and collecting agents, requiring delivery of specified forms for salary and other deductions and for collections by the fifteenth of July, October and January for the first three quarters and by the thirtieth of April for the final quarter; it also requires the prescribed authority or its authorised person to deliver an annual statement reconciling deducted, collected or paid tax to affected persons by the fifteenth of June following the financial year and inserts the related forms into the rules appendix.
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