Dominican Republic: DGII grants new facilities to taxpayers due to COVID-19 impact
On 12 April 2020, the General Directorate of Internal Taxes (DGII) approved new tax relief measures in response to coronavirus outbreak. This includes: the submission due date of Form IR-17 or other withholding and complementary remuneration,
See MoreCOVID-19: Finland extends the deadline for corporate tax returns by one month
On 9 April 2020, the Finnish tax administration announced an extension of filing deadline for corporate tax returns by one month due to coronavirus outbreak. Corporate entities and benefits under joint administration whose accounting period ended
See MoreEstonia: Parliament passes supplementary budget amid COVID-19 pandemic
On 15 April 2020, The Estonian Parliament has issued a press release announcing that the Act on the supplementary budget has been passed to implement the economic measures related to the spread of the COVID-19. The aim of the measures is to
See MoreNetherlands extends tax payment due dates
To help businesses and employers amid COVID-19 pandemic, the Dutch Tax and Customs Administration (Belastingdienst) has implemented a number of tax measures. Tax payment extension income tax, VAT, vpb and payroll tax: Taxpayers can apply for a
See MoreColombia: Abbreviated tax refund procedure due to COVID-19 Pandemic
On 10 April 2020, Colombia has published Decree 535 regarding the abbreviated procedure of return and/or compensation of balances in favor of taxpayers of income and complementary tax and of sales tax (VAT), within the framework of the state of
See MoreHong Kong: Tax payment deadline automatically extended by three months
On 8 April 2020, the Chief Executive announced that to ease the financial burden and cash flow of businesses and individuals arising from COVID-19, tax payment deadlines for salaries tax, personal assessment and profits tax demand notes for the
See MoreCOVID-19: US IRS extends additional key tax deadlines for certain individuals and businesses
On 9 April 2020, the Department of Treasury and the Internal Revenue Service published a notice that extends additional key tax deadlines for individuals and businesses. In March 2020, the IRS announced that taxpayers generally have until July
See MorePlatform for Collaboration on Tax Launches Website
A new website has been launched by the Platform for Collaboration on Tax (PCT). The PCT is a joint initiative of the International Monetary Fund (IMF), the Organisation for Economic Co-operation and Development (OECD), the United Nations (UN), and
See MoreAngola: Tax measures due to COVID-19 pandemic
On 13 April 2020, the Ministry of Finance of Angola has issued a press release regarding tax measures in the scope of the response and relief of the economic impact caused by the COVID-19 pandemic. The main measures are as following: Extension
See MoreIMF: Fiscal Monitor discusses policies to support individuals and businesses
The April 2020 issue of the IMF’s Fiscal Monitor discusses policies to support individuals and businesses through the coronavirus crisis and the resulting economic problems. The Fiscal Monitor looks at certain temporary and targeted fiscal
See MoreCOVID-19: Serbia publishes a decree on tax relief measures
On 10 April 2020, Serbia published a decree in the official gazette providing tax relief as well as direct financial aid to certain companies in response to the coronavirus (COVID-19) pandemic. The following tax measures included in the
See MoreSri Lanka: WHT payment extension due to COVID-19 pandemic
Sri Lanka has issued a notice on an extension of the payment deadline for withholding tax (WHT) amid COVID-19 pandemic. According to the notice, those who are liable to make withholding tax payments for the month of February 2020 which was due on
See MoreFrance: Tax authority announces exceptional measures to support businesses during COVID-19
On 6 April 2020, the French tax authorities announced exceptional tax measures in response to coronavirus outbreak. These are: The corporate income tax installment payment of March 15 could be delayed until 15 June for all companies. Companies
See MoreBrazil: Latest status of tax relief measures in response to COVID-19 pandemic
On 3 April 2020, the Government published Resolution No. 154 of 3 April 2020 in the Official Gazette, which extends the payments deadlines for taxes and social security contributions for taxpayers under the Simples Nacional regime due to
See MorePeru: SUNAT modifies tax filing deadline amid COVID-19 pandemic
On 30 March 2020, the Peruvian Tax Administration (SUNAT) has published Resolution No. 065-2020/SUNAT in the Official Gazette modifying Resolution No. 055-2020/SUNAT. The Resolution facilitates compliance with tax obligations before the
See MoreColombia: Additional tax deadline extensions due to COVID-19 pandemic
On 6 April 2020, Colombia has published Decree 520 regarding the dates for the presentation and payment of the income tax declaration and complementary tax year 2019, of large taxpayers and legal entities, as well as the dates for the
See MoreSri Lanka: Updated notice on implementation of amendments to the Inland Revenue Act 2017
On 8 April 2020, the Inland Revenue Department (IRD) of Sri Lanka published a revised version of a notice regarding the implementation of proposed amendments to the Inland Revenue Act, No. 24 of 2017. As instructed by the Ministry of
See MoreMalta: Parliament enacts the Budget Measures Implementation Act 2020
On 20 March 2020, the Maltese Parliament has enacted the Budget Measures Implementation Act 2020. Through the enactment of this legislation, amendments were made to the Income Tax Act (ITA), Value Added Tax Act (VATA), Income Tax Management Act
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