On 9 July 2020, the Federal Inland Revenue Service (FIRS) announced the due date of the waiver of penalty and interest relief regarding tax liabilities or tax debts owed by individuals and businesses is extended from 30 June 2020 to 31 August 2020. However, the extension also applies to “tax audit, tax investigation and desk review assessments approved installment payment under the voluntary assets and income declaration program (VAIDS).
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