Article 131 - Assessment Procedure

(1) Notice of an assessment to tax must be served on the QFC Entity assessed stating—
(a) the date on which the notice is issued; and
(b) the period within which any appeal against the assessment may be made.
(2) Where a notice of assessment has been served on a QFC Entity, the assessment may not be altered except in accordance with the provisions of these Regulations or the Tax Rules.
(3) The Tax Department shall keep a record of every assessment made.
Amended (as from 18th June 2014)