This is intended to assist registrants in meeting their tax obligations.
• The Decision has been in force since June 28, 2021.
• The decision lowers several administrative penalties for tax law
violations after June 28, 2021.
• The Decision allows registrants who were penalized prior to the
Decision’s effective date to benefit from a penalty redetermination scheme in
which they would only be required to settle 30% of their payable administrative
penalties outstanding on June 28, 2021, subject to meeting the requirements
specified in the Decision.
Don’t be concerned about it or its procedures. We can be reached by just
one phone call.