Income Tax Clarifies 38M Dinar Check Issue
The Income and Sales Tax Department confirmed that an attempt to present a check worth approximately 38 million dinars to settle a tax balance owed by a taxpayer did not result in any financial or tax implications for the system. After verifying with the bank, it was found that there were insufficient funds to cover the check, so no payment or record was registered for the amount. The department also noted that it has taken security and legal measures, including thwarting any attempts at evasion, preventing the partners from traveling, and referring the involved parties to the competent authorities; this confirms that the check did not lead to any settlement or discharge of the outstanding tax liabilities amounting to 38 million dinars.
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