Greece: Finance Ministry announces tax relief measures due to COVID-19 outbreak
In response to covid-19 outbreak, the Finance Ministry announced tax relief measures for households and businesses, including: The provision for the possibility of paying the income tax of natural and legal persons of the tax year 2020, in eight
See MoreVietnam approves tax payment relief amid COVID-19 pandemic
On 22 April 2021, Vietnam has issued Decree No. 52/2021/ND-CP providing support for business affected by COVID-19 pandemic. The main tax measures of the Decree are following: Corporate Income Tax The Decree provides 3 month deferral of
See MoreColombia extends payment deadline for micro and small companies
On 9 April 2021, the Colombian Ministry of Finance and Public Credit has published Decree No. 374 by which the corporate income tax payment of micro and small companies has been extended amid COVID-19 pandemic. The first installment is between 9
See MoreCanada: Finance Minister presents Budget 2021
On 19 April 2021, the Finance Minister, Chrystia Freeland, presented Budget 2021, which includes important business tax measures, digital service taxes, limitation of interest deduction, hybrid mismatch arrangements, transfer price cases, mandatory
See MoreCroatia: Parliament approves second package of measures due to COVID-19
On 7 April 2021, the Croatian Parliament approved all measures proposed by the Government as the second package of measures for the COVID-19 outbreak. Some of the measures are given below: Corporate tax According to the second package, the
See MoreColombia reduces advance payment of income tax for 2021
On 9 April 2021, the Colombian Ministry of Finance and Public Credit has published Decree No. 375, through which it reduces the advance payment to be made by income taxpayers in the year 2021 as a consequence of the emergency generated by
See MoreIsrael extends tax return submission deadline for the 2020 tax year
On 7 April 2021, the tax authority of Israel declared the extended deadline for submitting annual income tax returns in response to the Covid-19 pandemic. The declaration includes that the deadline is extended to 30 June 2021 for submitting annual
See MoreNorway extends the filing deadline for CIT returns
On 6 April 2021, the Norway extends the filing deadline for corporate income tax returns from 31 May 2021 to 20 August 2021 due to coronavirus pandemic. The extension does not apply for petroleum companies (that still must file by 30 April 2021).
See MorePanama further extends tax return submission deadline for 2020 tax year
According to Decree No. 110 of 31 March 2021, Panama's Ministry of Economy and Finance has extended the deadline for the submission of income tax returns to 17 May 2021 for the 2020 tax year, which follows a previous extension to 3 May 2021. In
See MoreSlovenia extends deferral of tax payment amid COVID-19
On 24 March 2021, Slovenia has published a decision regarding deferral of tax payment and installment measures to mitigate the consequences of the second wave of the COVID-19 pandemic. According to this decision, the Tax Authority may grant
See MoreRomania: New tax measures in response to Covid-19 pandemic
On 25 March 2021, Romanian Ministry of Finance has announced its decision to provide further support measures in response to the Covid-19 pandemic. Measures include: Deadline extension for submitting applications for budgetary
See MoreAustralia publishes guidelines on claiming temporary full expensing and loss carry back
The Australian Taxation Office (ATO) has published guidance on how to claim temporary full expensing and loss carry back in the 2020-21 tax return to boost-up businesses and recover from the impact of the Covid-19 pandemic. Temporary full
See MoreArgentina: AFIP extends suspension of prosecution proceedings for tax collection again
In response to corona virus pandemic, on 26 March 2021, the Federal Public Revenue Administration (AFIP) published General Resolution 4953/2021 of 26 March 2021, providing further suspension up to 31 May 2021 regarding the initiation of prosecution
See MoreExtension of tax compliance due dates amid COVID-19 pandemic
CountryCompliance IssueDue dateExtended Related NewsAustriaCIT payment31-Mar-2130-Jun-21See MoreBelgiumCIT Return30-Jun-2128-Oct-21See MoreBulgariaCIT Return31-Mar-2130-Jun-21See MoreCroatiaCIT Return30-Apr-2130-Jun-21See MoreJapanCIT
See MorePuerto Rico extends tax returns and payments deadlines due to COVID-19 outbreak
On 23 March 2021, the Puerto Rico Treasury Department (PRTD) has issued Administrative Determination No. 21-04 extending the due date for income tax returns and tax payments due to the ongoing COVID-19 pandemic. As a general rule, individuals,
See MoreQatar: GTA extends tax filing deadlines for 2020
On 24 March 2021, the General Tax Authority (GTA) of Qatar published Circulars No. 1 and 2 of 2021 to extend the deadline for filing tax returns for the 2020 tax year in response to the Covid-19 pandemic. According to Circular 1 of 2021, the new
See MoreBelgium extends CIT return submission deadline for FY 2020
On 18 March 2021, the Belgian tax authorities extended the corporate income tax (CIT) return submission deadline to 28 October 2021 for financial years ended between 31 December 2020 and 28 February 2021 in response to the Covid-19 pandemic. As
See MorePanama extends tax return submission deadline for 2020
The Ministry of Economy and Finance of Panama has extended the deadline to 3 May 2021 for the submission of income tax returns (natural and legal persons) for the tax year 2020 in response to the Covid-19
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