Peru: SUNAT issues Decree on tax payment deferral regime amid COVID-19

18 May, 2020

On 10 May 2020, the Peruvian Tax Administration (SUNAT) has issued Legislative Decree No. 1487, through which the tax payment deferral regime is established in response to COVID-19. the deferral regime of the tax debts administered by SUNAT, which

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Colombia extends annual financial statements filing deadline amid COVID-19

17 May, 2020

On 8 May 2020, Colombia has issued Circular Letter 100-000009 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

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Estonia extends individual tax return filing deadline amid COVID-19

17 May, 2020

On 4 May 2020, the Estonian tax authority has announced that due to the special situation, all offices of the Tax and Customs Board across Estonia will be closed at least on 18 May. The deadline for submitting individual paper tax returns has been

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Uruguay further extends tax returns submission deadlines amid COVID-19 pandemic

15 May, 2020

The Directorate General of Taxation (DGI) of Uruguay has published Resolution 707/2020 of 20 April 2020. The resolution extends deadline for annual tax payment and returns due to COVID-19 pandemic. This includes that taxpayers, except those

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Belgium revises tax return filing deadlines

15 May, 2020

On 5 May 2020, the Belgian Ministry of Finance has announced that "Tax-on-web" on the MyMinFin portal is now available for income tax returns. The announcement also lists out the tax return filing deadlines for individual and companies in 2020, as

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Australia extends lodgment due date amid COVID-19 pandemic

15 May, 2020

In response to COVID-19, the Australian taxation office (ATO) extended the lodgment day for 2018–19 company tax returns for many companies: Returns that were due on 15 May 2020 under the tax agent lodgment program have been automatically

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Belgium clarifies interest restriction rule due to COVID-19 pandemic

15 May, 2020

On 5 May 2020, the tax authority of Belgium published Circular No. 2020/C/62 providing new clarifications on the “grandfathering” rule, under the interest deduction limitation rule, loans made before 17 June 2016 are excluded from the scope of

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Saudi Arabia: Government hikes VAT to 15% as of July 2020

13 May, 2020

On 10 May 2020, the Saudi Arabia Government has decided to raise value-added tax (VAT) from 5% to 15% on all goods and services as of July 2020. The government will also suspend the cost of living allowance from June as part of the austerity steps.

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Peru extends carry forward loss period in response to COVID-19

12 May, 2020

On 8 May 2020, Peru has published Legislative Decree No. 1481 in the official gazette extending the carry forward loss period in response to COVID-19. It is established that loss incurred in the 2020 taxable year, can be carried forward for up to

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Peru: SUNAT further modifies tax filing deadline amid COVID-19 pandemic

11 May, 2020

On 29 April 2020, the Peruvian tax authorities (SUNAT) issued Resolution No. 075-2020/SUNAT in the Official Gazette modifying previous Resolution No. 055-2020/SUNAT and 065-2020/SUNAT in response to COVID-19 pandemic. The Resolution further

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Guatemala: SAT provides tax payment procedures amid COVID-19 pandemic

11 May, 2020

Recently, the Guatemala tax authority (SAT) has provided tax payment procedures for individual and corporate taxpayers in response to COVID 19 pandemic. Taxpayers will download form SAT-821; send to the corresponding email, according to their

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Bulgaria: Government announced several tax relief measures regarding VAT exemption

07 May, 2020

The Government has taken some tax relief measures regarding  Value Added Tax (VAT).  These are: On 4 May 2020, a draft Bill was submitted in the Bulgarian Parliament for introducing a 9% reduced VAT rate from 20% rate to support the

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Egypt extends deadline submitting the electronic VAT return amid COVID-19

07 May, 2020

On 29 April 2020, the Egyptian Tax Authority has announced that the date for submitting the electronic value-added tax (VAT) return for February 2020 has been extended until 10 May 2020 in response to COVID-19

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COVID-19: Mozambique announces tax relief measures due to coronavirus

06 May, 2020

The Council of Ministers Mozambique approved the Decree No. 23/2020, of 27 April which includes a number of fiscal and customs measures in response to coronavirus pandemic. The Decree contains the following measures that are valid until 31

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Malta extends electronic filing extension of CIT returns amid COVID-19

04 May, 2020

On 29 April 2020, Malta’s Commissioner for Revenue has notified that the deadlines for the electronic filing of corporate income tax (CIT) returns for the have been extended as follows: Financial Year EndingManual Return DeadlineElectronic

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Colombia modifies deadlines for filing annual financial statements amid COVID-19

03 May, 2020

On 24 April 2020, Colombia has issued Circular Letter 100-000008 modifying the deadlines for filing financial statements for the year 2019 due to COVID-19 pandemic. The Circular Letter modifies the previous Circular Letter 100-000007 of 8 April

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Nigeria: FIRS announces new measures for coronavirus impact

30 April, 2020

The Federal Inland Revenue Service (FIRS) made some announcement of tax measures during COVID-19 outbreak: On 30 April 2020, the FIRS published a Public Notice, which provides that no interest and penalties will be charged to taxpayers having

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Egypt: Tax measures in response to COVID-19 pandemic

30 April, 2020

Recently, the Egyptian Government has announced several tax measures to mitigate the financial effect in response to the COVID-19 pandemic. The main tax measures are as following: Capital Gains: the extension of the suspension from the taxation

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