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Council of Ministers adopts proposal to extent statute of limitation period with respect to domestic income from 5 to 12 years

06 May 2013

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Approved Changes

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Netherlands

In a press release of the Ministry of Finance of 8 March 2013, it was announced that on that date the Council of Ministers adopted various changes to fiscal procedural law. Details are summarized below. (a) Statute of limitations The statute of limitation period with respect to domestic income will in the case of fraud be extended from 5 to 12 years. This extension will apply to income, gift and inheritance tax. The period will then become the same as for income from foreign sources. For individuals who file their tax return in good faith without the intention to commit...