Tax Tech or Trouble

The law enhances compliance mechanisms, introduces penalties and increases audit powers — making systems and controls business-critical.

Points of Alignment:

• Late registration, inaccurate returns or non-payment trigger penalties.
• Seven year retention rule for tax records confirmed.
• FTA empowered for digital audits and data matching across entities.
• Automated non-compliance detection now part of regulatory toolkit.
  
  

Conclusion

Compliance isn’t just filing forms — it’s running your system as a tax machine.

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