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shortfall penalties

The taxman is mightier than the payer
Columnist Terry Baucher details some sobering and potent powers of the IRD including the imposition of "shortfall penalities" of 150% for unreported cash earnings.
by Terry Baucher
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Columnist Terry Baucher details some sobering and potent powers of the IRD including the imposition of "shortfall penalities" of 150% for unreported cash earnings.