Canada: The CRA extends tax return deadline until 1 September 2020
On 1 June 2020, the Canada Revenue Agency (CRA) published updated information on their website regarding the extension of corporate tax return or information return submission deadline for businesses, trusts, or partnerships until 1 September 2020
See MorePuerto Rico extends sales tax exemption in response to COVID-19 pandemic
On 2 June 2020, the Puerto Rico Treasury Department has announced a new period of exemption from payment of sales and use tax in response to COVI-19 pandemic. Through Administrative Determination 20-16, the Treasury Department extends the sales
See MoreTurkey fixes tax return deadline for taxpayers of 65 and above amid COVID-19
On 2 June 2020, the Turkish Revenue Administration has published an announcement regarding the declaration and payment obligation of taxpayers aged 65 and over who are exempted from curfew with the new normalization process. In the announcement, it
See MoreColombia: Measures regarding indirect tax in response to COVID-19 pandemic
On 21 May 2020, the Colombian Ministry of Finance and Public Credit has published Decree 682 through which it establishes some measures on the consumption tax in the sale of food and beverages, as well as on the sales tax on the leasing of
See MoreUkraine: Parliament adopts law on tax benefits and the moratorium on tax audit
On 28 May 2020, the Ukrainian Parliament has published Law No. 591-IX “On Amendments to the Tax Code of Ukraine and Other Laws of Ukraine on Additional Support to Taxpayers for the Period of Measures to Prevent the Occurrence and Spread of
See MoreColombia extends annual financial statements filing deadline again amid COVID-19
On 26 May 2020, Colombia has issued Circular Letter 100-000010 extending the deadlines for filing financial statements for the year 2019 due to COVID-19 pandemic. The deadline for companies (including branches of foreign companies) for filing
See MoreBolivia: Government declares to extend tax filing deadline for corporations
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
See MorePanama further extends return submission deadline
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.
See MoreThailand extends online returns filing deadlines amid COVID-19 pandemic
On 12 May 2020, the Thai Ministry of Finance announced extended deadlines for online monthly withholding returns, VAT returns for domestic sales and for reverse charge on overseas payments, and specific business tax returns, due to COVID-19
See MoreColombia extends payment deadline for MSMEs amid COVID-19 pandemic
On 13 May 2020, the Colombian Ministry of Finance and Public Credit has published Decree 655 by which the payment of the second installment of income tax has been extended until November 2020 for micro, small and medium-sized enterprises (MSMEs)
See MoreEgypt approves Law adopting a number of financial rules amid COVID-19 pandemic
On 7 May 2020, the Egyptian President Abdel Fattah El-Sisi has approved Law 24 of 2020 regarding some financial rules in response to COVID-19 pandemic, along with other decisions that include important facilities regarding the real estate tax,
See MoreEthiopia: Council of Ministers adopts economic measures due to COVID-19 pandemic
On 26 April 2020, the Council of Ministers of Ethiopia has adopted a number of economic measures in response to coronavirus outbreak. Following the decision of the Council of Ministers, the Ministry of Finance has issued Directive No.64/2020
See MoreNorway issues revised budget for the fiscal year 2020
On May 12, 2020, the Norwegian government submitted a proposal for a revised budget for 2020. The revised budget includes increased flexibility for taxpayers to request an extension of tax obligations due to difficulties related to the COVID 19
See MoreEl Salvador provides additional time for filing and payment of 2019 AITR
On 14 May 2020, the legislative assembly passed Legislative Decree No. 643 which provides additional relief to taxpayers in light of the ongoing coronavirus (COVID-19) situation. The relief includes additional time to 30 June 2020 for taxpayers
See MoreSri Lanka revises tax return submission deadline
On 18 May 2020, the Inland Revenue Department (IRD) of Sri Lanka issued a public notice declaring further extension for the submission of returns up to 15 July 2020 except Transfer pricing disclosure form. However previous notice issued under
See MoreRomania introduces 10% discount provision on quarterly tax payments
On 15 May 2020, Romania has published Law No. 54 in the official gazette no. 396, which provides a discount provision on corporate income tax due for the 2nd and 3rd quarters of 2020 in response to the COVID-19 pandemic. This provision
See MoreIndonesia: DGT issues guidance on annual income tax returns FY 2019
On 27 April 2020, the Directorate General of Taxation (DGT) issued the Regulation PER-06/PJ/2020 that outlines specific procedures for taxpayers to follow when submitting their 2019 Annual Income Tax Return (AITR) during the COVID-19 pandemic.
See MoreGhana: Parliament approves tax measures in response to COVID-19 outbreak
On 1 May 2020, the Parliament of Ghana passed the Income Tax (Amendment) Bill 2020 to introduce several emergency tax measures in response to Covid-19 pandemic. The approved income tax measures are as follows: An individual who makes withdrawals
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