Last week, the FTA introduced Public Clarification TAXP008, highlighting a significant update within the Tax Procedures Law. Since March 2023, taxpayers have had access to an alternative mechanism for resolving disputes – a review of tax assessments directly within the FTA. The clarification elaborates on this mechanism, providing detailed guidance on how it works and what taxpayers need to know.
To keep you informed, our team has prepared an alert summarizing the key takeaways from this clarification.