COVID-19: Spain announces several tax measures
Spain has introduced following tax relief measures in response to the COVID-19 pandemic. The filing of tax returns, or pleas, derived from tax proceedings, is extended to 1 June 2020 (provided that the filing by electronic means is not
See MoreCroatia: Some new provisions of the Regulations enters into force
On 24 March 2020, some new provisions of the Regulations to the General Tax Law, entered into force. This includes: Deferral of payment of tax liabilities due without charging penalty interest for a period of three months from the due date, with
See MoreBosnia and Herzegovina: Tax Administration announces about filing deadline extension for COVID-19
On 24 March 2020, the Tax Administration announced that the deadlines of individual income tax return filing and the corporate income tax return filing are extending from the end of March to 30 April 2020. The Tax Administration provided the
See MoreTurkey publishes General Communiqué on Digital Service Tax (DST)
On 20 March 2020, the Turkish Revenue Administration has published the final version of General Communiqué on Digital Service Tax (DST). On 5 February 2020, the Turkish tax administration has published Draft General Communiqué on the
See MoreLuxembourg: Parliament approved draft law implementing DAC6
On 21 March 2020, the Luxembourg Parliament approved draft law 7465 implementing the Council Directive (EU) 2018/822 (commonly known as DAC6) which introduces disclosure obligations for intermediaries and taxpayers of certain reportable
See MoreArgentina: Government provides tax relief for companies during COVID-19
On 20 March 2020, the Government Officially published Decree 300/2020 to implement some tax relief measures for companies due to coronavirus outbreak. Under the Decree, a 59% reduction of the bank credit tax and a 17% reduction of the bank debt tax
See MoreTaiwan: Tax measures due to COVID-19 pandemic
On 25 February 2020, Taiwan’s Ministry of Finance (MOF) has issued several tax measures due to the outbreak of COVID-19. The main measures include the following: Taxpayers who are affected by a COVID-19 and are unable to pay their tax
See MoreGreece: Finance Ministry announces some measures amid COVID-19 pandemic
On 24 March 2020, the Finance Ministry, Christos Staikouras, announced some measures for trying to assist people in the coronavirus pandemic. The key measures are given below: VAT payment is to be suspended for four months.Labor Minister states
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 MoreFrance: Government officially published a Decree regarding DAC6
On 19 March 2020, the Government published Decree No. 2020-270 dated 17 March 2020 in the Official Gazette to fix the content requirements contained in the declaration of a cross-border device mentioned in article 1649 AD of the general tax code
See MoreLuxembourg: Tax measures in response to COVID-19 pandemic
On 17 March 2020, Luxembourg Government published a press release regarding tax measures to support businesses and the self-employed in the face of the COVID-19 pandemic. These key measures include: Direct taxes As long as they are
See MoreRussia announces tax measures amid COVID-19 pandemic
On 17 March 2020, the Ministry of Finance (MoF) of Russia announced several tax measures in response to the COVID-19 pandemic. The key tax measures are following: Extended tax payments deadline to 3 months for enterprises of tourism
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 MoreCOVID-19: Germany releases a decree on tax relief measure
On 19 March 2020, the Federal Ministry of Finance (BMF) published a decree on the tax measures in response to the coronavirus (COVID-19) pandemic. Taxpayers who can demonstrate that they are directly and significantly affected by the coronavirus
See MoreCOVID-19: Costa Rica eliminates partial payments of corporate income tax
On 20 March 2020, the National Assembly approved a bill to address the fiscal impact of coronavirus (COVID-19) in Costa Rica. Under the bill, taxpayers would not be required to make advance payments of income tax during the months of April, May,
See MoreBolivia: Government issues guide to provide tax relief during coronavirus pandemic
On 18 March 2020, the Government issued Supreme Decree No. 4198 for providing tax relief during the COVID-19 outbreak. The measures include the following: The due date for corporate tax payment for the year ending 31 December 2019 is to be
See MoreChile: President announces tax measures due to COVID-19
On 19 March 2020, the President, Sebastián Piñera, announced tax measures due to the economic impact of the global Covid-19 pandemic. The tax measures include: The monthly provisional payments of corporate income tax is to be suspended for the
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