OrbitaxOrbitax

Statute of limitations extended and possibility to correct a tax assessment simplified

|Approved Changes|Netherlands
Netherlands

In a press release of 6 September 2012, the Dutch Ministry of Finance announced that the following changes to the General Tax Act (TA) are planned:

-   extension of statute of limitation period in case of tax fraud from 5 to 12 years;
-   introduction of a simple system of electronic corrections of filed tax returns. Such corrections can filed wi…

Continue Reading