Senate Approves Tax Collection Legislation Amendments
The Senate, last week, approved adjustments to the proposed Tax Collections (Miscellaneous Provisions) Act, 2014, and the Tax Penalties (Harmonization) Act, 2014, with 18 additional amendments to those advanced by the Lower House, on July 23. The amendments are intended to improve and increase collection of the various domestic tax types. This by introducing new collection mechanisms and also achieving...


