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    <description>Withholding tax requires the payer to deduct tax at source from payments, especially for cross border payments, and applicable rates and obligations must be determined by reference to domestic law and any overriding treaty provisions, applying the most beneficial treaty terms after analysing the treaty&#039;s scope and the nature of the income. Taxable turnover for income tax purposes is derived by applying general accounting principles together with statutory rules that define turnover for tax computation and audit purposes to determine the business&#039;s taxable turnover.</description>
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      <description>Withholding tax requires the payer to deduct tax at source from payments, especially for cross border payments, and applicable rates and obligations must be determined by reference to domestic law and any overriding treaty provisions, applying the most beneficial treaty terms after analysing the treaty&#039;s scope and the nature of the income. Taxable turnover for income tax purposes is derived by applying general accounting principles together with statutory rules that define turnover for tax computation and audit purposes to determine the business&#039;s taxable turnover.</description>
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