Article 160

The taxpayer may object to an assessment or its rectification, revision or an additional assessment made for any tax year or to any decision on which a dispute may be raised under the provisions of this Law, other than the cases of an assessment specified under Articles 161 bis, 170 bis and 177 of this Law.

The objection shall be filed in writing to the Chairman and shall include the claims of the taxpayer and the detailed reasons on which the claims are based. The objection shall be submitted within a period of forty-five days from the date of serving of the assessment or the decision.

The Chairman may accept the objection filed after the specified time if it is established that failure to submit it in time was on account of the reasons or emergent circumstances not foreseen by the taxpayer.

If the objection is not filed within the time specified in the Second paragraph of this Article, or if it is not acceptable under the forgoing paragraph, the tax assessment shall be final.