On 30 November 2012, the parliament approved the amendments to the General Tax Act. The amendments will enter into force 8 days after their publication in the Official Gazette, unless otherwise mentioned. Key amendments are listed below.
Statute of limitations
With effect from 1 January 2013, the statute of limitations period will start in the year following the one in which tax liabilities have been assessed or in which a tax evasion has been determined (currently, the statute of limit…