Late Filer

Late Filer

A person or company that files a tax return after the appropriate deadline. The term does not apply if the filer receives an extension on the deadline; the term late filer is only given to scofflaws.
References in periodicals archive ?
Everyone filing their tax returns now is a late filer, but the government decided to include the names of late filers in the ATP as well.
There was only one late filer in Lane County legislative races: Joe Potwora, a branch manager at Eugene's Guild Mortgage Co., filed as a Republican to challenge Rep.
7166, a candidate who fails to file his or her Soce within the prescribed period, whether as a late filer or as a nonfiler, will be fined and/or barred from 'enter[ing] upon the duties of his office until he has filed' the required Soce.
17, the late filer should prepare a statement detailing the circumstances that led to the late filing and also should make sure, and represent, that any income from the accounts has been properly reported.
In a tweet, the minister said: 'The government has decided to waive the penalty for late filing along with audit for Salaried Group of late filer cases.
Under the law, a candidate who fails to file his or her Soce within the prescribed period, whether as a late filer or a nonfiler, will be fined and/or barred from enter[ing] upon the duties of his office until he has filed the required Soce.
Minister of State for Revenue Hammad Azhar announced the decision of exempting salaried persons in a tweet: 'The government has decided to waive the penalty for late filing along with the audit for the salaried group of late filer cases.' Although the minister announced the exemption only for the salaried persons, the FBR extended the scheme to those earning money in the form of dividends and profits on debt.
Hamad Azhar, Minister of State for Revenue, in a Tweet on Tuesday said that the government had decided to waive the penalty for late filing along with audit for salaried group of late filer cases.
a late filer shall no longer be treated as a 'filer' in terms of section 2(23A) of the Ordinance as the name of such taxpayer shall no longer appear on the active taxpayers list issued by the board,' it said.
However, they said in the longer run it was a good decision by the FBR not to collect revenue by this manner and hoped that the policy of excluding late filers from active payers list would compensate for this 'deferred' amount by meting out non-filer status to late filer during 2019.
Amanullah said all the affectees will get compensation cheques even if they are late filer. He said production of CNIC was mandatory for filing the claim.
Late filers of income tax returns wanting to remain part of active taxpayer list (ATL) will have to pay from Rs1,000 to Rs20,000 as penalty.