The Government body has recently announced following tax relief measures amid coronavirus pandemic:
On 28 May 2020, the Minister of Economy and Finance announced that the national government will issue a Supreme Decree 4249 that postpones the payment of the Business Profits Tax (IUE) until 31 July 2020.
On 9 May 2020, the National Tax Service announced Resolution No. 10200000010 of 8 May 2020, which provides further extensions of filing annual corporate income tax return again from 29 May 2020 to 31 July 2020 for all, but the large businesses. Previously, the due date has been delayed for all companies from 30 March to 29 May 2020. Large taxpayers will be able to pay all or 50% of the tax and the balance in three payments until October 2020.
