COVID-19: Cyprus extends the deadline for submitting income tax returns
On 30 March 2020, the Cyprus tax department published an announcement to extend the corporate and personal income tax return deadlines in response to the coronavirus (COVID-19) pandemic. A two-month extension to the filing deadline for income tax
See MoreGhana announces emergency tax measures in response to COVID-19 outbreak
On 30 March 2020, Mr. Ken Ofori-Atta, the Minister for Finance and Economic Planning of Ghana presented to the Parliament several proposals to mitigate the economic impact of COVID-19, as follows: Income tax return filing deadline will be
See MoreBolivia: Revenue Authority issues Resolution regarding tax filing deadline extension
On 28 March 2020, the Revenue Authority issued an Administrative Resolution N° 1020000000061 of 27 March 2020 regarding tax deadline extensions due to coronavirus outbreak. This contains: The deadline for the submission of corporate income tax
See MoreCanada: Government extends deadline for filing income tax return and payments
On 18 March 2020, the Prime Minister and the Finance Minister announced some tax relief measures due to COVID-19 outbreak: The federal corporate tax return deadline is extended to 1 June 2020. The filing deadline extensions have also been
See MoreBulgaria: Government implements tax measures due to coronavirus outbreak
On 24 March 2020, the Measures and Actions During State of Emergency Act was enacted in Bulgaria, which introduces temporary tax measures due to COVID-19 pandemic. Corporate income tax According to the Act, the filing deadline of the annual
See MoreCanada: CRA updates on administrative income tax measures due to COVID-19 pandemic
On 26 March 2020, the Canada Revenue Agency made an announcement that in addition to the income tax filing and payment deadline extensions announced as part of the fiscal measures, both companies and individuals may defer a number of other
See MorePeru updates tax filing deadlines due to COVID-19 outbreak
On 24 March 2020, the Peruvian Tax Administration (SUNAT) has issued Resolution 061-2020/SUNAT on its website amending tax filing deadlines due to COVID-19 outbreak. SUNAT has extended the annual income tax filing and payment deadline for the 2019
See MorePuerto Rico: Additional tax filing deadlines due to COVID-19 outbreak
On 24 March 2020, Puerto Rico Treasury Department (PRTD) Administrative Determination No. 20-09 (AD 20-09) and Administrative Determination No. 20-10 (AD 20-10) extending the filing dates for tax returns and for tax payments due to the
See MoreSouth Korea: Tax measures due to COVID-19 pandemic
On 17 March 2020, the Korean Ministry of Economy and Finance has announced a corporate income tax exemption for small and medium enterprises (SMEs) located in specific areas (Daegu, Gyeongsan, Bonghwa, and Cheongdo). Before that, on 28 February
See MoreThailand: Summary of tax measures to counter COVID-19 outbreak
On 24 March 2020, the Cabinet of Thailand approved a new tax measures following the announcement of the stimulus package on 10 March 2020 in response to COVID-19 outbreak. The summary of a series of tax measures are following: Corporate
See MoreCOVID-19: US passes Coronavirus Aid, Relief, and Economic Security (CARES) Act
On 19 March 2020, the US Senate Finance Committee submitted proposals for the third round of legislative measures in response to the economic impact of the coronavirus disease (COVID-19) pandemic. The Coronavirus Aid, Relief, and Economic Security
See MoreIsrael: Tax measures amid COVID-19 outbreak
On 22 March 2020, the Israel Tax Authority (ITA) has declared several tax measures in response to the COVID-19 pandemic. The tax Authority extended the corporate income tax return submission deadline for the fiscal year 2019 to 30 July 2020 and
See MorePanama: Emergency tax measures amid COVID-19 outbreak
A Decree No. 251 of 24 March 2020 has published in the official gazette in response to COVID-19 pandemic. The Decree extended the income tax return submission deadline for the fiscal year 2019, until 30 May 2020. The tax amnesty related relief
See MorePakistan: Emergency tax measures in response to COVID-19 pandemic
On 24 March 2020, the Federal Board of Revenue (FBR) of Pakistan has declared emergency tax measures in response to COVID-19 pandemic. The key tax measures are following: The sales tax return submission deadline for January and February 2020 is
See MoreQatar extends tax return filing due date amid COVID-19 outbreak
On 12 March 2020, The General Tax Authority (GTA) of Qatar has issued Circular No.5 of March 2020 in response to the COVID-19 pandemic, providing a two-month extension of the due date for filing income tax returns from 30 April until 30 June 2020
See MoreHong Kong: IRD announces an arrangement for the issuance of tax returns for 2019-20
On 30 March 2020, the Inland Revenue Department announced an arrangement for the issuance of tax returns for the year of assessment 2019-20. Accordingly, IRD will issue property tax returns and employer's returns for the year of assessment 2019-20
See MoreGuatemala: Tax measures due to COVID-19 pandemic
On 24 March 2020, the Guatemala tax authority (SAT) has published Superintendence Resolution Number SAT-DSI-280-2020 extending tax return deadline due to COVID-19 pandemic. SAT has extended the income tax return the 31 March 2020 tax filing
See MoreAlgeria: Directorate General of Taxes extends tax return and payment due dates during COVID-19
On 26 March 2020, the Directorate General of Taxes announced an extension of the deadline for the submission of tax return and tax payment due to the coronavirus pandemic. Under the provision, the due date of corporate and individual income tax
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