Introduction The mandatory payment of 50% of tax assessed has been reversed. This is a fundamental change in the Rules. Now a taxpayer who intends to appeal would not need to pay 50% of the disputed tax into an account designated by the Tax Appeal Tribunal (TAT) as security for the appeal. Voiding Court Order […]
Facts You Need To Know Introduction Section 66 of the CITA provides: “If the Service discovers or is of the opinion at any time that any company liable to tax has not been assessed or has been assessed at a lesser amount than that which ought to have been charged, the Service may, within the […]