Article 98

(1) The amount of debt of the taxpayer having the tax debt shall be reduced by the overpaid amount referred to in Article 97 of this Law, in the order of priority referred to in Article 51 of this Law.

(2) The tax debt referred to in paragraph 1 of this Article shall be considered paid on the day when the tax is overpaid.

Article 99

Deleted

XV STATUTE OF LIMITATIONS

Statute of Limitations for the Right to Tax Assessment

Article 100

The right to tax liability assessment shall fall under the statute of limitations within 5 years from the expiration of the year for which such a liability should have been assessed.

Statute of Limitations for the Right to Tax Collection

Article 101

(1) The right to tax collection shall fall under the statute of limitations within 3 years upon the expiration of the year for which the tax is assessed.

(2) The right to collection of interest and procedural costs shall fall under the statute of limitations within the deadline referred to in paragraph 1 of this Article.

(3) Any official action undertaken by the tax authority shall suspend the statute of limitations for the right to tax collection.

(4) Statute of limitations shall not run during the procedure before the court or in the case when a taxpayer who is a natural person is outside of the Republic for an uninterrupted period longer than six months.

(5) In cases when the taxpayer is under bankruptcy procedure, the statute of limitations referred to in paragraph 1 of this Article shall be prolonged for six months from the day of the termination of the procedure.

(6) If the extension of the deadline for the payment of tax liability is approved to the taxpayer, the statute of limitations for the right to collect shall be prolonged for that period.

Statute of Limitations for the Right to Tax Refund

Date: 2015-01-12; view: 702