The Finance (Tax Appeals and Prospectus Regulation) Act 2019 has been signed into law. The Act provides for the appointment of a Chairperson of the Tax Appeals Commission (TAC), who will be responsible for the management of the administration of the TAC and for ensuring that the tax appeals system is cost effective, efficient and that appeals are being processed, adjudged and determined in a timely manner. The Act also makes some amendments to the case stated procedure.
