The amendment to the binding rulings regime will enter into force on 1 July 2007 (the Law of 29 November 2006, LJ 217/2006, item 1590). The key changes are summarized below.
Time limit for tax authorities to issue rulings
Currently, the tax authorities are obliged to issue a ruling within 3 months; otherwise, the taxpayer's position as stated in the request for the ruling becomes binding. Under the new law, the 3-month deadline could be extended if ther…