by panwa group | Sep 15, 2021 | 5.QA
The company received a bonus for selling products more than the expected target sales. The seller deduct 3% withholding tax already and does it need to pay for VAT or not? Panwa: No need to pay for VAT due to the bonus is not a compensation for selling the...
by panwa group | Sep 8, 2021 | 5.QA
The company has to pay the license fee every month but did not withhold the tax. In this case can deduct the withholding tax one time, at the end of the year? Panwa : Please note that you cannot deduct the withholding tax one time, at the end of the year because the...
by panwa group | Sep 8, 2021 | 5.QA
Is a non-VAT registrant company mandatory to pay taxes? Panwa: Normally, consumer should pay vat when buy any goods and services which such vat can be recorded as Company’s expenses. Moreover, if you mean other taxes, when the Company had been registered, it is...
by panwa group | Aug 31, 2021 | 5.QA
According to the liquidated company, if the liquidator already settled all liabilities then it still remain the money that need to divide and return to each shareholders as the ratio of holding share. In case of the shareholders’ equity as at the date of liquidation...
by panwa group | Nov 12, 2020 | 3.Accounting-Tax, 5.QA
If the Company have processed the deduction of withholding tax and filed on behalf of the payer/customers (juristic person), the Company need to issue the withholding tax certificate immediately every time the tax is withheld according to the Revenue Code section no....
