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BOARD RESOLUTION [For current account/services. Please amend in accordance with actual situation and remove all square brackets/footers accordingly][Name of Company] ___ [Company registration No.]
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WTL draft refers to the Withholding Tax Liability draft, which is a form used for reporting and calculating withholding tax obligations.
Entities and individuals who are responsible for withholding taxes on payments such as wages, dividends, and other income are required to file the WTL draft.
To fill out the WTL draft, you must provide accurate information regarding the taxpayer, the amounts withheld, and any deductions applicable, ensuring all fields are completed as specified.
The purpose of the WTL draft is to ensure compliance with tax regulations by accurately reporting the withheld amounts to the tax authorities.
The WTL draft must report information such as the taxpayer's identification details, total income subject to withholding, amounts withheld, and any applicable deductions or credits.
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