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If you recall, previously, the tax had to be withheld when income payments were either paid or became payable whichever comes first. Yes, taxpayers are still liable to withhold tax on their income payments. The EOPT only removed the requirement to withhold for an expense to be deductible but it did not remove the obligation to withhold.
Our company has ongoing cases covering taxable year 2022. One of the findings is the disallowed expenses due to non-withholding. Can we still claim the expenses if the corresponding withholding tax was paid?
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