Algeria | Filing return: The Directorate General of Taxes made a postponement of annual tax return submission deadline for 2019 until 31 May 2020 for the taxpayers registered at the DGE. See the story in Regfollower |
Angola | Due dates main corporate income tax: The Finance Ministry declared to extend the deadlines for the payment of industrial tax for ‘Group A’ taxpayers and ‘Group B’ taxpayers up to 30 June 2020 and until 29 May 2020 simultaneously. See the story in Regfollower |
Austria | Due dates main corporate income tax: The Government declared that an application is possible to defer tax payments or to pay taxes in instalments until 30 September 2020. See the story in Regfollower |
Azerbaijan | Filing return: The deadline of declarations on income tax and property of legal entities and payment of taxes was postponed up to 6 April 2020. See the story in Regfollower |
Bolivia | Filing return: The deadline for the submission of corporate income tax return for the year ending 31 December 2019 is extended to 29 May 2020. See the story in Regfollower |
Brazil | Filing return: The deadlines of filing corporate tax returns for tax year 2019 under the Simples Nacional regime is postponed until 30 June 2020. See the story in Regfollower |
Bulgaria | Filing return: On 24 March 2020, an Act was enacted that provides an extension of the annual corporate income tax return deadline from 31 March 2020 to 30 June 2020. See the story in Regfollower |
Canada | Filing return: On 18 March 2020, the Prime Minister and the Finance Minister announced that the federal corporate tax return deadline is extended to 1 June 2020. See the story in Regfollower |
China | Filing return: The State Taxation Administration extended the deadline for filing monthly tax returns and tax payment from 15 May 2020 to 22 May 2020. See the story in Regfollower |
Colombia | Filing return: On 6 April 2020, Government published a Decree to extend the deadline to submit the annual tax return for large taxpayers up to 24 June 2020 and until 1 July 2020 for legal entities. See the story in Regfollower |
Croatia | Filing return: The Ministry of Finance announced to extend the submission deadline of corporate income tax return for 2019 until 30 June 2020. See the story in Regfollower |
Cyprus | Filing return: On 30 March 2020, the tax department announced to extend the corporate income tax return deadlines until 1 June 2020. See the story in Regfollower |
Denmark | CFC rules: On 15 April 2020, the Prime Minister announced that the enactment of a Bill L48 regarding CFC rules is postponed. See the story in Regfollower Filing return: The Ministry of Taxation announced that all the income tax filing deadlines for 2019 is postponed until 1 September 2020. See the story in Regfollower |
Egypt | Taxation of capital gains: The exemption from capital gains tax on securities listed under Egyptian Stock Exchange for residents is to be suspended until 31 December 2021 and the exemption is permanent for non-residents. Withholding rates on dividend: Withholding tax on dividends paid by listed companies in EGX will be reduced from 10% to 5%. See the story in Regfollower |
Finland | Filing return: The tax administration announced to extend the filing deadline for corporate tax returns until 1 June 2020. See the story in Regfollower Interest on late payments: On 2 April 2020, the Ministry of Finance announced that the interest rate on late payments of taxes is reduced from 7% to 4% till the end of August 2020. See the story in Regfollower |
France | Payment procedures: The tax authorities announced to delay the corporate income tax installment payment of March 15 until 15 June 2020 for all companies. See the story in Regfollower |
Ghana | Filing return: The Finance and Economic Planning Ministry announced a proposal to extend the due date for filing tax returns from 4 months to 6 months. See the story in Regfollower |
Hong Kong | Due dates main corporate income tax: On 8 April 2020, the Chief Executive announced that corporate tax payment deadline automatically extended by three months. See the story in Regfollower Filing return: Deadlines for tax return and tax payments that fall between 23 March and 2 May 2020 are automatically extended to 4 May 2020. See the story in Regfollower |
Iceland | Due dates main corporate income tax: The deadline for all postponed tax payments that fall due between 1 April 2020 and 1 December 2020 will be 15 January 2021. See the story in Regfollower |
Indonesia | Main corporate tax rates: On 31 March 2020, the President signed a Resolution declaring that the corporate rate is reduced from 25% to 22% for tax years 2020 and 2021 and to 20% for tax year 2022 onwards. See the story in Regfollower |
Japan | Due dates main corporate income tax: On 7 April 2020, the National Tax Agency announced a grace period of one year or less for payment of tax for which payment due dates fall between 1 February 2020 and 31 January 2021. See the story in Regfollower |
Kazakhstan | Filing return: The Government announced to extend the submission deadline of corporate income tax return until 30 April 2020. See the story in Regfollower |
Kenya | Main corporate tax rates: On 25 March 2020, the President announced to reduce corporate tax for companies from 30% to 25%. See the story in Regfollower |
Malaysia | Filing return: The Malaysian Inland Revenue Board announced two months grace period from the due date of tax return submission is allowed until 31 August 2019. See the story in Regfollower |
Myanmar | Due dates main corporate income tax: On 27 April 2020, the Government announced to defer payment of corporate income tax until 30 September 2020. See the story in Regfollower |
Netherlands | Due dates main corporate income tax: The Dutch Tax and Customs Administration declared that taxpayers can apply for a payment extension of 3 months for corporate income tax. See the story in Regfollower |
New Zealand | Treatment of losses: On 15 April 2020, Government introduced a temporary loss carry-back scheme by which businesses can carry the loss back one year to the previous income year. See the story in Regfollower |
Nigeria | Filing return: On 31 March 2020, the FIRS extended the submission deadline of company income tax returns to 31 July 2020. See the story in Regfollower |
Norway | Filing return: On 16 April 2020, the Ministry of Finance announced that the deadline for submitting the tax return is postponed until 31 August 2020. See the story in Regfollower Advance payments due: The second instalment due date for companies is postponed up to 1 September 2020. See the story in Regfollower |
Oman | Filing return: Taxpayers who follow the calendar year as their tax year, they may file the tax returns and pay related taxes on or before 30 June 2020, if not already filed and paid. See the story in Regfollower |
Peru | Filing return: On 24 March 2020, the Peruvian Tax Administration extended the annual income tax filing deadline for the 2019 until 8 July 2020. See the story in Regfollower |
Philippines | Filing return: On 30 March 2020, the Department of Finance extended the annual tax return submission deadline for all companies up to 15 May 2020. See the story in Regfollower |
Puerto Rico | Filing return: On 24 March 2020, Puerto Rico Treasury Department extended the due date for income tax returns up to 15 July 2020, which was originally due on 15 April, 15 May, and 15 June 2020. See the story in Regfollower |
Qatar | Late payments of tax due: The penalty charge for late payment of tax will be 0% from 1 March 2020 until 31 August 2020. From 1 September 2020 the rate will revert to 5% until further notice. See the story in Regfollower |
Serbia | Due dates main corporate income tax: On 10 April 2020, Government announced that legal entities can delay of paying corporate profit tax in the second quarter of this year. See the story in Regfollower |
Singapore | Filing return: The Inland Revenue Authority of Singapore extended the deadline of estimated chargeable income for companies with fiscal year ending January and February 2020 until 30 June 2020. Withholding taxes due: The deadline of withholding tax return is extended from 15 April 2020 to 15 May 2020. See the story in Regfollower |
Slovenia | Filing return: The deadline for corporate tax returns and annual reports for the tax year 2019 is extended to 31 May 2020 from 31 March 2020. Due dates main corporate income tax: The tax authority may authorize the deferral of tax for up to two years. See the story in Regfollower |
Sri Lanka | Withholding taxes due: Government issued a Notice to extend the withholding tax payment deadlines for February and March up to 30 April 2020. See the story in Regfollower |
Taiwan | Filing return: The Ministry of Finance extended corporate tax submission deadline from 1 June 2020 to 30 June 2020. See the story in Regfollower |
Thailand | Submission of returns: The deadline for filing and paying corporate income tax for the half-year accounting period of the tax year 2020 is extended until 30 September 2020. For the year 2019, the due date is 31 August 2020. Withholding taxes due: The deadlines for filing and paying withholding tax at source is extended to 15 May 2020. See the story in Regfollower |
Turkey | Filing return: The Turkish Revenue Administration published a Circular regarding the extension of corporate income tax return filings deadline until 1 June 2020. See the story in Regfollower |
Uganda | Filing return: The Uganda Revenue Authority announced that taxpayers have been granted an extension to file tax returns up to 31 May 2020. See the story in Regfollower |
Vietnam | Filing return: On 8 April 2020, Prime Minister approved a Decree about the extension of corporate tax payment deadline by 5 months for 2019. See the story in Regfollower |
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