Argentina: AFIP establishes reporting regime for e-payment services
On 22 July 2021, the Federal Administration of Public Revenue (AFIP) Officially published Resolution 5029/2021 to announce that online payment service providers have to comply with new information regime for electronic payment processing services,
See MoreNigeria: FIRS extends the deadline of submitting CIT return
On 1 July 2021, the Federal Inland Revenue Service (FIRS) announced that the deadline of submitting corporate income tax return, which was due in June is to be extended until 31 July 2021. This announcement was made public in a notice on Wednesday
See MoreUK: OTS to Consider Changing the Tax Year End
On 8 June 2021 it was reported that the UK’s Office for Tax Simplification (OTS) is to begin a review of the costs and benefits of moving the UK’s tax year end from 5 April to either 31 March or 31 December. The OTS has issued a review
See MoreUK: HMRC Research on Use of Cash by Small and Mid-size Businesses
On 24 June 2021 HMRC published research on the behaviour of small and medium sized businesses in relation to payment transactions. Most common online payment methods The most common online payment method accepted was by small and medium
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 MoreKenya: KRA issues public notice regarding updated resident CIT return
On 1 June 2021, Kenya Revenue Authority has published a public notice providing information on updated resident corporation tax return. The Tax Laws (Amendment) Act, 2020 amended the rate of Corporation Tax for resident persons from 30% to 25%
See MoreArgentina: AFIP extends corporate return deadline
On 14 May 2021, the Federal Administration of Public Revenue (AFIP) Officially published a General Resolution 4988/2021, which extends the due date of submitting corporate tax return and the affidavit of tax on the earnings and the payment of the
See MoreHungary: MOF extends filing deadline of corporate return
On 21 April 2021, the Finance Ministry of Hungary published a Decree extending filing deadlines for all major business income tax returns due to COVID-19. Accordingly, annual returns for corporate income tax, local business tax, and energy
See MoreJordan: ISTD invites taxpayers to file 2020 income tax return & payment
On 16 May 2021, Jordan’s Income and Sales Tax Department (ISTD) called the taxpayers required to submit income tax returns for the fiscal year 2020 who did not submit them during the legal period that ended at the beginning of this week and the
See MoreThailand extends deadline for corporate income tax return
On 30 April 2021, the Thai Ministry of Finance announced an extension of the deadline for filing the annual corporate income tax return (PND.50) and for paying the related tax to 30 June 2021 from May 2021 in response to the Covid-19 pandemic. The
See MoreTurkey extends income and corporate provisional tax returns
On 3 May 2021, the Turkish Revenue Administration has issued Circular No. 134, which extends the submission and payment periods of the Income and Corporate Provisional Tax Returns for 2021. According to the announcement, the Provisional Tax
See MoreCosta Rica extends the filing due date for ultimate beneficiary owner return
On 29 April 2021, Costa Rica published the Resolution No. DGT-ICD-R-17-2021 extending the due date for filing the ultimate beneficial owner return in the registry for the year 2021. Originally, the deadline to comply with this obligation was on
See MoreIreland: Revenue extends e-filing deadline for specific customers
On 28 April 2021, the Irish Revenue made an announcement to extend the return e-filing and e-payment date through ROS for self-assessment income tax customers and customers responsible for Capital Acquisition Tax (CAT). According to the
See MoreChile: Tax authority extends deadline of income tax return and payments for SMEs
On 30 April 2021, the Tax authority declared that taxpayers may file their 2021 income tax declaration until 31 May 2021, as a way to facilitate compliance with this tax responsibility, which occurs in a period marked by the health emergency and
See MoreMalta: CFR notifies about 2020 Tax Returns for Fiscal Units
On 20 April 2021, the Maltese Commissioner for Revenue (CFR) has notified that the facility to upload and submit the income tax return and the supplemental document for Year of Assessment 2020 required to be filed by a principal taxpayer in respect
See MoreAlgeria: DGT issues a communiqué to extend the filing deadline of tax return 2020
The Directorate General of Taxes has recently issued a communiqué, which provides extension of filing deadline of annual tax returns (including balance sheet and appendices) 2020 until 30 June 2021 for all
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 MoreFinland extends filing deadline for CIT returns by one month
On 9 April 2021, Finnish Tax Administration has published an announcement providing one-month extension of filing deadline for corporate income tax returns. Due current pandemic situations, the Tax Administration is giving corporate entities and
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