What is the time limit for FTA to conduct a Tax Audit or issue a Tax Assessment on the Taxable Person?
FTA may conduct a Tax Audit or issue a Tax Assessment on the Taxable Person after five years from the end of the relevant Tax Period if they are notified of the commencement of such Tax Audit prior to the lapse of the five-year period. Additionally, the Tax Audit or the Tax Assessment issuance must be within four years from the date of the Tax Audit Notification.