Sri Lanka: Extended deadline of transfer pricing disclosure form for YA 2018/2019

01 June, 2020

On 29 May 2020, according to notice PN/Tax Return/2020-3, the Sri Lankan Inland Revenue Department has again extended the deadline for the transfer pricing disclosure form for Year of Assessment 2018/2019 to 30 June 2020. The deadline was

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Panama further extends return submission deadline

31 May, 2020

On 27 May 2020, Executive Decree No. 298 was approved, which adopted tax measures in response to COVID-19 pandemic. The Individual and corporate income tax returns filing deadline for taxable year 2019 is further extended until 17 July 2020.

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Cyprus: Minister of Finance extends deadline for submission of tax returns

28 May, 2020

On 22 May 2020, the government of Cyprus issued a Decree on the Certification and Collection of Taxes of 2020 (KDP 220/2020) that extended the deadline for the submission of the income tax returns for the year 2018 for corporations (TF4) and for

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Canada: CRA extends the corporate individual tax return deadline

27 May, 2020

On 25 May 2020, the Canadian Revenue Authority (CRA) announced new extended deadlines for corporations and trusts in response to COVID-19 pandemic. According to the announcement, the CRA will allow an extension up to 1 September 2020 for

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El Salvador provides additional time for filing and payment of 2019 AITR

24 May, 2020

On 14 May 2020, the legislative assembly passed Legislative Decree No. 643 which provides additional relief to taxpayers in light of the ongoing coronavirus (COVID-19) situation. The relief includes additional time to 30 June 2020 for taxpayers

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Ecuador: SRI publishes a Resolution to extend the TP report filing deadline

22 May, 2020

On 6 May 2020, the Internal Revenue Service (SRI) published Resolution NAC-DGERCGC20-00000032 , which extends the deadline of Annex on Related Party Operations and the Comprehensive Transfer Pricing Report for fiscal year 2019 between 10 and 28

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Argentina: AFIP publishes Resolution regarding new transfer pricing rules

20 May, 2020

On 15 May 2020, the Argentine tax authorities (AFIP) Officially published General Resolution 4717/2020 of 14 May 2020, which governs the control of transfer prices of international transactions. The new resolution replaces General Resolution No.

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Peru: SUNAT further modifies tax filing deadline amid COVID-19 pandemic

11 May, 2020

On 29 April 2020, the Peruvian tax authorities (SUNAT) issued Resolution No. 075-2020/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

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Malta extends electronic filing extension of CIT returns amid COVID-19

04 May, 2020

On 29 April 2020, Malta’s Commissioner for Revenue has notified that the deadlines for the electronic filing of corporate income tax (CIT) returns for the have been extended as follows: Financial Year EndingManual Return DeadlineElectronic

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Portugal extends transfer pricing documentation deadline

30 April, 2020

On 24 April 2020, the government of Portugal published an order n.º 153/2020-XXII postponing the deadline to prepare and submit transfer pricing documentation to 31 August 2020 due to COVID-19

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COVID-19: Malaysia publishes third amendment providing further extension of deadline

30 April, 2020

On 28 April 2020, Malaysian Inland Revenue Board (IRB) has published third amendment to the return form filing programme for the year 2020 with further extending the deadlines for the filing of tax returns and making tax payments for companies,

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China extends monthly tax returns filing deadline amid COVID-19 pandemic

30 April, 2020

On 27 April 2020, the State Taxation Administration (STA) has announced the extension of deadline for filing monthly tax returns and tax payment for May 2020 from 15 May 2020 to 22 May 2020, due to the COVID-19

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COVID-19: Poland extends the deadline for local transfer pricing documentation

29 April, 2020

On 17 April 2020, the President signed the law on special aid instruments in connection with the spread of the SARS-CoV-2 virus, or the so-called Anti-Crisis Shield 2.0. Under the law, the deadline for submitting local transfer pricing

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COVID-19: Norway extends the filing deadline for corporate tax return

28 April, 2020

On 16 April 2020, the Norwegian Ministry of Finance announced that the deadline for submitting the tax return is postponed from 31 May 2020 to 31 August 2020. The ministry also announced that there will be no further extensions. However,

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COVID-19: Serbia postpones the deadlines for filing corporate income tax returns

26 April, 2020

On 16 April 2020, the government of Serbia has adopted a decree that postponed the deadlines for filing corporate income tax returns and for submitting annual financial statements or for other actions required of certain regulated companies. The

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Sri Lanka extends return filing deadlines amid COVID-19 pandemic

25 April, 2020

On 21 April 2020, the Inland Revenue Department (IRD) of Sri Lanka announced extended deadlines for certain tax returns to 31 May 2020 in response to COVID-19 pandemic. The IRD announced revise due date for the following tax returns: Annual

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Turkey extends CIT return filings and payments deadline for 2019

23 April, 2020

On 17 April 2020, the Turkish Revenue Administration has published Circular No 127 on its website regarding the extension of Corporate Income Tax (CIT) return filings and payments deadline for the fiscal year 2019. The CIT returns for the fiscal

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Vietnam: Tax measure due to COVID-19 pandemic

20 April, 2020

On 8 April 2020, Prime Minister of Vietnam approved Decree No 41/2020/ND-CP about the extension of deadlines for tax and land use fee payments to support businesses suffering from the COVID-19 pandemic. The main measures of the Decree are as

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