Panama extends suspension of administrative appeals proceedings amid COVID-19 pandemic
The tax authority of Panama published Resolution No. 201-2353 of 2020, amending Resolution No. 201- 2270 of 2020 to extend the suspension of administrative appeals proceedings until the emergency is lifted due to the COVID-19 outbreak. Previously
See MoreArgentina: Government announces further extension of transfer pricing return deadline (COVID-19)
On 31 March 2020, the Government officially published General Resolution 4689/2020 of 30 March 2020, which provides a further extension of the extended timeline to transfer pricing filing returns forms (Form 741, Form 743, Form 867 and Form 4501)
See MoreArgentina: Tax authorities extend measures during COVID-19 pandemic
On 30 March 2020, the Government has officially published General Resolution 4690/2020 of 30 March 2020, which amends General Resolution 4667/2020 on the tax regularization scheme for small and medium enterprises (SMEs). It extends the deadline to
See MoreVenezuela: Tax measures in response to COVID-19 pandemic
On 2 April 2020, the Government officially published Decree 4171, which enters into force on the similar day of its publication. The Decree contains: An income tax exemption for the domestic-source income derived by certain resident individuals
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 MoreGuatemala passes Law to mitigate the effects of the COVID-19
On 25 March 2020, Guatemala has approved Decree 12-2020 on "Emergency Law to Protect Guatemalans from the effects caused by the COVID-19 pandemic". The Decree establishes initial sanitary, economic, financial and social measures necessary to
See MoreDominican Republic: DGII announces TP return deadline extension amid COVID-19 pandemic
The Tax Authority has also announced about deadline extension of information return for related party transactions. Under the tax authority, the due date of information return for related party transactions is to be extended from 30 March 2020 to
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 MoreUruguay extends compliance due dates amid COVID-19 pandemic
On 20 March 2020, the tax authority of Uruguay issued Resolution No. 550 in response to mitigate the economic impact of COVID-19. The Resolution declares extension of due date for tax obligations, as follows: the deadline for the payment of tax
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 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 MoreArgentina: Government announces tax measures in response to COVID-19 pandemic
The government has recently announced tax measures amid coronavirus outbreak. These measures are given below: Measures have been aimed at encouraging bank lending through (i) lower reserve requirements on bank lending to households and SMEs;
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 MoreColombia extends further tax filing deadlines due to COVID-19 outbreak
On 19 March 2020, the Colombian Ministry of Finance and Public Credit has published Decree 435 regarding new deadlines for the presentation of tax obligations for other taxpayers not contained in Decree 401 of 13 March 2020. Among the main
See MoreEl Salvador publishes tax relief measures in response to COVID-19 pandemic
The government of El Salvador approved a number of special and temporary tax and other tax and other laws between 14 March and 21 March 2020 as part of the measures in response to the Coronavirus (COVID-19) pandemic. The measures include an
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