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The Department of Taxation has announced an extension regarding the submission of the Tax and Contribution Withholding Statement-TF7. Until July 31, 2024, no administrative penalties will be enforced for failure to submit TF7.
However, it's emphasized that after this deadline, charges as prescribed by law will be imposed.
This extension provides taxpayers with additional time to fulfill their obligations without incurring penalties, but it's crucial to adhere to the new deadline to avoid any legal consequences.
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