AlgeriaFiling return: The Directorate General of Taxes has recently issued a communiqué, which provides an extension of the filing deadline of annual tax returns (including balance sheet and appendices) 2020 until 30 June 2021 for all companies.
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ChileFiling return: On 30 April 2021, the Tax authority declared that taxpayers may file their 2021 income tax declaration until 31 May 2021, as a way to facilitate compliance with this tax responsibility, which occurs in a period marked by the health emergency and its economic consequences.
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ChinaIncentive on small business: On 2 April 2021, the State Administration of Taxation (SAT) of China has published an Announcement regarding income tax rate reduction for small and low-profit businesses and sole traders. Accordingly, from 1 January 2021 to 31 December 2022, a small, low-profit enterprise will be subject to enterprise income tax levied on 12.5% (reduced from 25%) of its annual taxable income (up to CNY 1 million) at a reduced rate of 20%.
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Incentives on Industry/manufacturing: On 31 March 2021, the State Administration of Taxation of China has published an Announcement regarding an increased R&D super deduction for manufacturing entities.  As of 1 January 2021, manufacturing enterprises are permitted to claim a 200% super deduction on eligible R&D expenses actually incurred in the course of R&D activities for Corporate Income Tax purposes.
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ColombiaPayment of tax: On 9 April 2021, the Colombian Ministry of Finance and Public Credit has published Decree No. 374 by which the corporate income tax payment of micro and small companies has been extended amid COVID-19 pandemic.
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CroatiaFiling return: On 7 April 2021, the Croatian Parliament approved all measures proposed by the Government as the second package of measures for the COVID-19 outbreak. According to the second package, the submission deadline of the corporate income tax return is extended until 30 June 2021.
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FinlandFiling return: On 9 April 2021, the Finnish Tax Administration has published an announcement providing a one-month extension of the filing deadline for corporate income tax returns. Due to current pandemic situations, the Tax Administration is giving corporate entities and benefits under joint administration more time to file their tax returns. Corporate entities include, for example, limited liability companies. The tax return can now be filed within five months from the end of the accounting period. Normally, the tax return must be filed within four months.
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IrelandWithholding taxes due: On 22 April 2021, the Revenue published guidance, which was proposed to introduce electronic Professional Service Withholding Tax (ePSWT) from 1 July 2021.
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Dividends: On 14 April 2021, the Revenue issued an eBrief No. 084/21 to announce a Tax and Duty Manual to update the guidance on dividend withholding tax (DWT). This manual has been updated following amendments made to Dividend Withholding Tax legislation by section 62 Finance Act 2020 in respect of recognized qualifying intermediaries and market claims.
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IsraelFiling return: On 7 April 2021, Israel’s tax authority announced the extended deadline for filing an annual income tax return in response to the Covid-19 pandemic. The declaration provides that the deadline for filing the annual income tax return for the 2020 tax year will be extended to 30 June 2021 for all taxpayers.
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NorwayFiling return: On 6 April 2021, Norway extends the filing deadline for corporate income tax returns from 31 May 2021 to 20 August 2021 due to coronavirus pandemic.
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PanamaFiling return: According to Decree No. 110 of 31 of March 2021, Panama’s Ministry of Economy and Finance has extended the deadline for the submission of income tax returns to 17 May 2021 for the 2020 tax year, which follows a previous extension to 3 May 2021.
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PeruInterest for late payment: On 30 March 2021, the Peruvian tax authorities issued a resolution in the Official Gazette by which SUNAT decided to reduce the interest rate for late payments from 1% to 0.9% per month to the tax amount due from 1 April 2021.
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RomaniaIncentives on Services: On 25 March 2021, the Romanian Ministry of Finance has announced its decision to provide further support measures in response to the Covid-19 pandemic. Accordingly, a 90-day tax exemption applies for businesses of Hotel, Restaurants, and Catering sectors from 1 April 2021.
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Saudi ArabiaPE rules: In April 2021, the General Authority of Zakat and Tax (GAZT) of Saudi Arabia have issued a Circular on the Force of Attraction (FOA) rule in the context of Permanent Establishment (PE). The Circular confirms the GAZT’s approach to applying the force of attraction principle under the Income Tax Law and several of Saudi Arabia’s tax treaties.
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SloveniaIncentives on Industry/manufacturing: On 16 April 2021, the Slovenian Ministry of Finance proposed several amendments to the tax amendments, including the Act on Amendments to the Corporate Income Tax Act. The law introduced a new incentive to invest in the green and digital transition. This also includes a deduction of up to 40% of the investments in a tax year.
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TurkeyMain corporate tax rate: On 22 April 2021, Turkey announced the entry into force of the bill that had been submitted to the Turkish parliament. Accordingly, the provisional article has been added to the Corporation Tax Law No. 5520 and the rate is increased to 25% for the tax year 2021 and 23% for the tax year 2022. The 25% rate is effective from 1 January 2021 and the declaration must be submitted from 1 July 2021.
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UkraineInterest on late payment: On 15 April 2021, the National Bank of Ukraine has decided to increase its key policy rate from 6.5% to 7.5% per annum with effect from 16 April 2021. The interest rate has a tax effect on the late tax payment interest and penalties.
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