On 18 March 2020, the Government issued Supreme Decree No. 4198 for providing tax relief during the COVID-19 outbreak. The measures include the following:
- The due date for corporate tax payment for the year ending 31 December 2019 is to be extended to 29 May 2020.
- The payment of corporate income tax for the year ending 31 December 2019 may be paid in up to three installments, given that 50% of the tax is paid before 1 June 2020.
- An extension of the value added tax (VAT) credit to 31 December 2020 for certain expenses.
