According to the new wording of Art. 48 of the Act on the National Tax Administration, the bank will be required to provide information to tax offices on "owned or jointly owned bank accounts or powers of attorney to dispose of bank accounts, the number of these accounts or powers of attorney, turnover and balances of these accounts, including the inflows, account charges and their titles, and respectively their senders and recipients”.
Previously, such powers were held by the Head of the National Tax Administration and the head of the customs and tax office.
The changed provision of Art. 48, however, may not be applied without a justified reason and without connection with the committed acts, which are the subject of the preparatory proceedings conducted in the case of a person suspected of committing a crime.
According to the Ministry of Finance, the inspection without prior consent is aimed at unifying and clarifying the powers of the National Tax Administration in the field of access to banking information in the event of preparatory proceedings.
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