Poland: MOF further defers the WHT collection system to 31 December 2021
On 25 June 2021, the Polish Ministry of Finance has published a decree providing further postponed the introduction of the withholding tax pay and refund system until 31 December 2021. The obligation was originally deferred until the end of June
See MoreGreece: Government publishes a Law to introduce new tax provisions
On 18 May 2021, the Government Officially published Law 4799/2021, introducing income tax reductions and other amendments to the Greek Income Tax Code. The Act includes some of the following provisions: Transfer pricing Enterprises
See MorePoland: Ministry of Finance postponed WHT collection system to 30 June 2021
On 30 December 2020, the Ministry of Finance issued a decree dated 28 December 2020, postponing the introduction of the withholding tax and refund system until June 30, 2021. This applies to both corporate tax and individual income tax
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 MoreZambia: MOF presents the budget for 2021 to the National Assembly
On 25 September 2020, the Minister of Finance (MOF) presented the budget for 2020 to the National Assembly. Under the budget the following important amendments to the Income Tax Act will take effect from 1 January 2021: Corporate tax
See MoreGreece: Government publishes a Decision to extend the deadline of CIT and WHT return
On 30 September 2020, the Government published Decision no. Α.1219/2020, which provides that the submission deadline of income tax returns of legal entities and legal entities under article 45 of law 4172/2013 and returns of withheld income
See MoreSaudi Arabia: GAZT invites taxpayers to submit withholding tax returns for March and June
On 5 July 2020, the General Authority of Zakat and Tax (GAZT) of Saudi Arabia has issued its decision for the taxpayers subject to withholding tax to submit their tax returns for the month of June, as well as for the month of March for the
See MoreCOVID-19: Myanmar announces tax relief plan
On 27 April 2020, the Myanmar Government published its COVID-19 Economic Relief Plan in response to the coronavirus outbreak. The relief package includes the following tax relief measures. Defer Corporate Income Tax (Q2 payments expiring on 31
See MoreDominican 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 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 MoreSaudi Arabia: Tax measures due to COVID-19 pandemic
On 20 March 2020, the Ministry of Finance of Saudi Arabia issued a statement on its website regarding postponement of Zakat returns filing, paying taxes among other procedures for the fiscal year 2019 in response to COVID-19. Main measures of the
See MoreItaly enacts Decree in response to COVID-19 outbreak
On 17 March 2020, the Decree No.18 was published in the Official Gazette and entered into force immediately. The Decree introduces several measures in response to COVID-19 outbreak. The key measures are following: Payments of taxes and
See MorePortugal: Emergency tax measures amid COVID-19 outbreak
On 9 March 2020, the Government of Portugal issued Order no. 104/2020-XXII to introduce several tax measures in response to the COVID-19 pandemic. The key tax measures are following: Extended the deadline for first installment of special payment
See MoreBelgium: Tax measures amid COVID-19 pandemic
On 18 March 2020, Belgian Ministry of Finance (MoF) has published support measures in response to the coronavirus (COVID-19) pandemic. The tax measures includes several tax relief related to corporate income tax, personal income tax, value added
See MoreVenezuela: Government publishes decrees regarding tax reform
On 29 January 2020, three decrees were published in the Official Gazette for introducing a new tax code, amending the VAT Law and customs Law. It was approved by the Constituent Assembly on the similar day. Withholding taxes due One of three
See MoreArgentina: Government publishes General Resolution on dividend WHT rate
On 14 January 2020, the Government issued a General Resolution 4662/2020, which establishes procedures and deadlines for withholding tax payments on dividends paid by a permanent establishment to its parent company. With effect as from 14 January
See MoreTaiwan: NTBCA issues notice on withholding tax for profit-seeking enterprises
On 9 August 2019, Taiwan's National Taxation Bureau of the Central Area (NTBCA) has issued a notice clarifying that profit-seeking enterprises should file withholding tax during prescribed period. The authority indicates that profit-seeking
See MorePuerto Rico publishes Circular regarding new quarterly tax return for withholding Payments for services provided
On 4 April 2019, the Puerto Rican Department of Treasury issued a Circular Letter No. 19-10 regarding new quarterly tax return for withholding Payments for services provided, using a new quarterly return form(Form 480.6 SP-1). The
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