A Bill to change the statute of limitations period and to simplify the electronic exchange of data was presented on 2 September 2013 to the parliament. The Bill is the result of earlier announcements by the government on 12 March 2013.
Under the Bill’s provisions the taxpayer should inform the tax inspector in good time during the revision period if a non-assessment, or an abnormally low assessment, is erroneously issued. The taxpayer is presumed to have known that an erroneous assessment is imposed if the tax imposed is less than 15% of the tax due. Taxpayers will have the possibility to supplement or amend their tax return during a 1.5-year period after their return was filed without the obligation to lodge an appeal.
The tax authorities will no longer issue provisional assessments, but immediately issue final assessments. With respect to returns filed before 1 April, a final assessment will be issued before 1 July of the year concerned.
