On 27 May 2020, Executive Decree No. 298 was approved, which adopted tax measures in response to COVID-19 pandemic.
The Individual and corporate income tax returns filing deadline for taxable year 2019 is further extended until 17 July 2020. Taxes subject to this benefit include direct and indirect national taxes, fees, special contributions, and any other liquid and enforceable monetary debts that a natural or legal person may have to pay to the DGI, except of income tax withheld from employees and non-residents; ITBMS and Dividend tax.
Those taxpayers who have already filed their income tax returns for the 2019 tax period, may file a corrective return until 17 July 2020 without losing the possibility of rectifying or extending the return.
The Transfer Pricing report submission deadline is extended until 30 September 2020 for the fiscal year 2019.
