The National Tax Service published Resolution No. 10-0032-16 (the Resolution) on 27 November 2016. The Resolution contains the formalities to be observed by the tax authorities during an audit procedure carried out to verify tax liabilities including, following things:
–the requirements that an audit notice must contain;
–the rules for commencing and concluding an audit procedure;
–the procedure for verifying tax liabilities; and
–cases in which a tax refund is granted to a taxpayer following the conclusion of an audit procedure.
The Resolution entered into force on 27 November 2016.
