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MMWDMR stands for Monthly Mandatory Withholding Tax Declaration and Monthly Remittance, it is a report filed by employers to report and remit the withholding taxes of their employees.
Employers who have employees and are required to withhold taxes from their salaries are required to file MMWDMR.
To fill out MMWDMR, employers need to report information about their employees, including their salaries, taxes withheld, and other relevant details. The form can be filled out manually or electronically through the tax agency's online portal.
The purpose of MMWDMR is to ensure that employers are withholding the correct amount of taxes from their employees' salaries and remitting them to the tax authorities on a monthly basis.
Employers must report information such as their business details, employee details, total salaries paid, total taxes withheld, and other relevant information as required by the tax authorities.
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