Taxpayer Notice on Salary & Wages Tax
All must remit employees’ salaries & wages taxes to the IRC with the Remittance Form (S2) HEAVY PENALTIES APPLY WHEN TAXES ARE NOT PAID BY THE DUE DATES. For Late Payment: Section (299G) (8) (b) 20% flat rate of tax plus 20% p.a. ... PNG Internal Revenue Commission ... ................
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