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Tag Archives: Interest Waiver Act 2021

Tax

The Tax Penalty and Interest Waiver Act 2021 (Act 1065)

Posted on May 21, 2021January 9, 2023 by Philip Tettey
21
May

On 31 March 2021, Parliament passed the Penalty and Interest Waiver Act 2021 (Act 1065) into law. Before this, the tax laws gave the Commissioner the power to waive or remit penalties. It was not clear if this provision covered interests on outstanding taxes as well. The Penalty and Interest Waiver Act 2021 has extended […]

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Posted in Tax  |  Tagged Interest Waiver Act 2021, Penalty and Interest Waiver Act 2021, Penalty Waiver Act 2021, Tax Act Update

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