Due to COVID-19 pandemic, on 17 August 2020, the Ministry of Economy and Finance announced some tax payment idea to assist very small enterprises (VSEs) and small and medium-sized enterprises (SMEs), who have faced economic consequences by the corona pandemic. According to the plan, the deadline of the payment for corporate tax balances and business value added contribution was postponed until 30 June 2020, which was due between March and May 2020. Again, the due date of value added tax and withholding tax due for the months of February to April 2020 would normally paid from March to May 2020. In accordance with the fiscal and social debt of the company, the VSEs and SMEs may request for entering in this plan by using a request form and may enter this plan for 12, 24 and 36 months.
Ecuador: Government publishes Resolution regarding DST
OECD: Tax Policy for Economic Recovery
Related Posts

France to abolish simplified VAT regime from 2027
The French Tax Authorities issued the reminder on 22 September 2026, confirming that the simplified VAT regime (RSI)
Read More
France: Council of Ministers approves protocol amending tax treaty with India
France’s Council of Ministers approved on 16 September 2026 a protocol amending the income and capital tax treaty of
Read More
France to reduce exceptional corporate tax surcharge in 2027
France plans to lower the exceptional corporate tax surcharge paid by very large companies in 2027, Prime Minister
Read More
France extends zero VAT treatment to air transport in Guadeloupe, Martinique
France has extended its 0% value added tax (VAT) rate to air transport services carried out in Guadeloupe and
Read More
Australia, France sign memorandum of understanding on arbitration under BEPS MLI
The Australian Taxation Office (ATO) has published a Memorandum of Understanding signed with France outlining the mode
Read More
France starts nationwide e-invoicing rollout for businesses
France's Directorate General of Public Finance began the nationwide rollout of business-to-business electronic
Read More