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Grace Period

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Federal Tax Authority calls on registrants to benefit from ‘grace period’ up to end of March to update tax records to avoid administrative penalties

The Federal Tax Authority (FTA) has called on registrants who have yet to update their tax records to take advantage of an extended ‘grace period’ to submit their tax records, stating that submissions received before the end of March 2025 will not incur any administrative penalties. In a reminder, issued today, the FTA stated that […]