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Q4. What is a Notice of Assessment?
 
A Notice of Assessment is a statement showing the company's income assessed and the amount of tax payable or repayable. Hence, it is advisable to forward any correspondences from IRAS to your respective tax agent.
 
Q5. If I am objecting the grounds, do I still need to pay taxes?
 

Yes, you are required to pay.

 
 
 
 
 
 
 
 
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