PART 4Returns and payment

CHAPTER 1Returns

Duty to make return

29Duty to make return

1

The buyer in a notifiable transaction must make a return to the Tax Authority.

2

If the transaction is a chargeable transaction, the return must include an assessment of the tax that, on the basis of the information contained in the return, is chargeable in respect of the transaction.

3

The return must be made before the end of the period of 30 days beginning with the day after the effective date of the transaction.