Sri Lanka declares final tax payment deadline for AY 2020-21
On 29 September 2021, the Inland Revenue Department (IRD) of Sri Lanka published a notice regarding the final income tax payment deadline for the assessment year (AY) 2020-21, which is due on 30 September 2021. The payments can be made through
See MoreItaly extends tax payment deadlines
Italy has published Law No. 106 with certain amendments, including an extension to 15 September 2021 of the deadlines for tax payments of income tax returns, regional tax on productive activities (IRAP) returns, and VAT returns that otherwise
See MoreNetherlands extends tax payment deadline on request
The Dutch government has announced to extend the period during which taxpayer can request a special tax payment extension from the Tax and Customs Administration until 1 October 2021. There are several possible situations: You already applied
See MorePortugal extends CIT return submission deadline and preparation of TP documentation
According to the Order No. 191/2021-XXII of 15 June 2021, Portugal has extended the tax compliance deadlines in response to the Covid-19 pandemic, as follows: The annual corporate tax return (Modelo 22) submission and respective payment deadline
See MoreBolivia: Tax Authority extends deadline for submitting financial reports
On 28 April 2021, the Tax Authority Officially published a Resolution No. 102100000006, which extends the deadline to submit financial reports and supporting documentation until 31 May 2021 related to their corporate income tax filing for fiscal
See MoreSerbia publishes decree providing defer payment of taxes and contributions
On 25 December 2020, the Decree of Serbia No.156 was published in the Official gazette providing guidance concerning the method for paying amounts of taxes deferred in response to coronavirus (COVID-19) pandemic. Accordingly, whole amount of
See MoreThailand extends deadline for e-Filing
On 15 December 2020, the Thai Revenue Department has published a Notice declaring an extension of the 8-day grace period for electronic filing and payment. Generally, the Thai Revenue Department has been providing the 8-day additional time
See MorePapua New Guinea: Department of Treasury publishes taxation bills for 2021
With a theme of “Consolidation for Growth”, on 17 November 2020, the government of Papua New Guinea has presented Budget 2021 that focuses on fiscal consolidation and stimulating economic growth with the aim of rebuilding the living standards
See MorePeru extends tax deferral applications submitting deadline due to COVID-19
On 28 September 2020, the Peruvian tax authorities (SUNAT) issued Supreme Decree No. 285-2020-EF in the Official Gazette. The Decree extends tax deferral applications submitting deadline to 31 December 2020 from 30 September 2020 due to the
See MoreSri Lanka declares final tax payment deadline for AY 2019-20
The Inland Revenue Department (IRD) has published a notice on making the final income tax payment by 30 September 2020 for the assessment year (AY) 2019-20. Corporate taxpayers, Individual taxpayers, and all other entities can pay their taxes
See MoreAlgeria: Government provides policy measures amid COVID-19 pandemic
Due to COVID-19 pandemic, the Government is tackling by an oriented policy and a number of measures dedicated particularly to small business and small and medium enterprises (SMEs). The measures are given below: Postponement of the annual tax
See MoreArgentina: AFIP amends tax regularization scheme to support all taxpayers
On 26 August 2020, the Federal Administration of Public Revenue (AFIP) Officially published Law 27562, which amends the tax regularization scheme and made this available for all taxpayers amid COVID-19 pandemic. The scheme was previously
See MoreUS: IRS announces tax relief for tropical storm ‘Isaias’ victims in Puerto Rico
On 10 September 2020, the Internal Revenue Service (IRS) has announced tax relief for tropical storm ‘Isaias’ victims in Puerto Rico. IRS states that tax returns and makes tax payments for individual and business has been extended until 30
See MoreCanada: CRA extends payment deadline of income tax return
On 27 July 2020, the Canada Revenue Agency (CRA) announced that payment deadline for the year 2020 of the income tax returns, including installments for legal entities, trust, and individual is to be extended from 1 September 2020 to 30 September
See MorePuerto Rico extends certain filing and payment due dates due to ‘Isaias’
On 3 August 2020, the Puerto Rico Treasury Department has published Administrative Determination No. 20-20 of 31 July 2020 postponing all filing and payment deadlines until 7 August 2020 that were due 31 July 2020 due dates due
See MoreLatvia defers tax payments for a period of up to three years
In June 2020, Latvia approved an extension of tax measures to provide continued support beyond the end of the state of emergency for COVID-19. Under the support measures, the possibility to defer tax payments for a period of up to three years is
See MorePeru: SUNAT modifies tax filing deadline again amid COVID-19 pandemic
On 29 May 2020, the Peruvian tax authorities (SUNAT) issued Resolution No. 099-2020/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 extends
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
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