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COVID19 – ADDITIONAL TAX MEASURES

ADDITIONAL TAX MEASURES TO FACE CORONAVIRUS

The Tax Authorities have recently taken additional measures regarding filing and payment obligations to enable businesses to overcome financial difficulties that would be encountered as a result of the spread of the Coronavirus.

1. Postponement of the deadline for the submission of Corporate income Tax, Legal entity Tax and Non-resident corporate Tax returns with an initial dea-dline of 16 March to 30 April 2020 included
2. Extension of the deadline for submitting VAT returns
3. Payment of VAT and withholding Tax
4. Payment of personal and corporate income tax?

Tax Consult S.A. – March 2020

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