SPT is an Annual Tax Return which is used to report the calculation and/or payment of tax. The Annual Income Tax SPT is divided into two, namely the Individual Annual SPT and the Corporate Annual SPT.
The Annual SPT functions as a means for people with Taxpayer status to report and account for the calculation of the amount of tax paid. The annual SPT is a means of reporting taxes containing income, taxes owed, tax credits, profits or losses, expenses, assets, liabilities, and/or other things required according to tax regulations.
Apart from that, the Annual Tax Return also functions as a means to account for all tax rights and obligations of Taxpayers in a tax year.
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