COVID-19 Incentives and Advice from across the globe

26 March 2020

Navigating global incentives and guidance in challenging times 

We provide in the list below a broad outline of the Global responses from different Governments in relation to the Covid-19 pandemic.

Argentina 

Government Link:

Government Actions and Measures

Tax Administration Communications

Link to article:

Government Measures and Emergency Fund

Australia 

Government Link:

ATO - COVID-19

Coronavirus information and support for business

Supporting Australian Workers and Business

Link to article:

COVID-19 | News and updates (central resource including Managing your finances guide for businesses and individuals)

Federal Government announces second COVID-19 economic stimulus plan

COVID-19 | News and updates (central resource including second Covid-19 stimulus)

Federal Government announces second COVID-19 economic stimulus plan

Gov Update - What support is available to you?

Gov Update - COVID-19: information for small businesses

Responding to COVID-19

NSW releases COVID-19 stimulus package

Mobilizing your workforce to ensure business continuity in the wake of COVID-19

Government coronavirus stimulus package to assist businesses with cashflow

Belgium

Government Link:

Official Information and Services

Link to article:

The corona virus: support measures and practical tips for employers and taxpayers

Update 1 - Coronavirus: support measures and practical tips for employers and taxpayers

Coronavirus: support measures and practical tips for employers and taxpayers

Bolivia

Government Link:

News from the Ministry of Economy and Finance (in local language)

Link to article:

Brazil

Delay of upcoming federal tax payments for 6 months, plus certain exemptions for listed medical supplies required to help fight Covid-19

Country: Canada (latest update 25 March)

Government Link:

Department of Finance Canada

Employment and Social Development Plan

Canada’s COVID-19 Economic Response Plan

Link to article:

Covid-19 Publications (central resource)

Temporary wage subsidy for employers

Update from IRS regarding federal tax payments due to COVID-19

Federal government COVID-19 economic response plan

Taking relief measures – new QC tax deadlines

Employers – Are you prepared and protected? 

Chile

Government Link:

Official COVID-19 Government Action Plan and Announcements (in local language)

Tax Relief News and Incentives (in local language)

Link to article:

Economic Measures of Support (in local language)

China

Government Link:

State Tax Administration – Press Releases

Link to article:

Incentive overview

See the "new butterfly change" of Guangdong's tax business environment (in local language)

State Administration of Taxation: Shanxi, Guangxi and other places have opened mobile tax accounting functions, which will be opened in batches (in local language)

Cyprus

Government Link:

Ministry of Finance (in local language)

Link to article:

Measures Of Financial Support To Address The Impact Of The Coronavirus Have Been Announced By The Government Of The Republic Of Cyprus

Costa Rica 

Government Link:

Presidential communication (in local language)

Tax Relief Law (in local language)

Link to article:

A bill has been approved which covers support in relation to the payment of income tax, VAT and Customs Duties

Croatia

Government Link:

Link to article:

Proposal of tax measures related to assistance to economy and citizens

Measures for preserving jobs in coronavirus-affected industries

Czech Republic 

Government Link:

Government of Czech Republic Coronavirus

Link to article:

Special Edition on COVID-19 – Part 3

Special Edition on COVID-19 – Part 2

Special Edition on COVID-19 – Part 1

Denmark

Government Link:

Coronavirus / covid-19 in Denmark

Link to article:

Compensation for Danish business as a result of COVID-19 (in local language)

Information on the latest measures in the help for small and medium-sized enterprises.

Temporary changes to Danish payment deadlines for VAT and Withholding taxes due to Covid-19

El Salvador

Government Link:

Link to article:

Government Actions Tax Incentives

France 

Government Link:

Government of the French Republic COVID-19

Link to article:

Baker Tilly Featured News - Coronavirus  (central resource in local language)

Coronavirus: financial support measures for businesses (in local language)

Covid-19: Social news flash (in local language)

Covid-19: Flash tax news (in local language)

Coronavirus: what impact on employers? (in local language)

Germany

Government Link:

The Federal Government

Link to article:

Baker Tilly News and Updates around the Corona Crisis (In local language)

Our exerts are here for you

The corona crisis and its impact on rental obligations (in local language)

Corona crisis: Free State of Saxony grants liquidity aid to small businesses (in local language)

Insolvency filing requirements should be suspended in the coronavirus crisis (in local language)

Corona (SARS Cov2) – data privacy implications

Labour Law issues regarding Corona Virus – Labour Law and Remuneration issues

Measures taken by the Federal Ministry of Finance and the Federal Ministry of Economics as a result of the corona virus (in local language)

Labour Law Questions in times of the Coronavirus - Short-time work and impact of school and nursery shutdowns

Short-time work compensation notification/application form (in local language)

Guatemala

Government Link:

Government Actions against COVID-19

Link to article:

Honduras

Government Link:

Official COVID-19 Website President Press Release

Link to article:

Iceland 

Government Link:

Government of Iceland - Measures in response to COVID19

Icelandic Government announces 1.6bn USD response package to the COVID-19 crisis

Link to article:

India

Government Link:

Indian Government – All information on coronavirus

Link to article:

Income Tax, GTS and Customs related announcements

Indonesia 

Government Link:

Ministry of Foreign Affairs of the Republic of Indonesia

Link to article:

The Indonesian Government has taken action via a Tax stimulus as follows:

1. Employee Income Tax of an employee who has an income up to IDR 200 Millions in manufacturing industry will be borne by the Government within 6 ( six ) months commencing from April to September 2020. 

The estimated budget is approximately IDR 8.15 Trillion.

2. Income tax exemptions of article 22 of 19 certain sectors within 6 months commencing from April to September 2020.

The estimated budget is approximately IDR 8.15 Trillion.

3. Income Tax reduction up to 30% of Article 25 of 19 certain sectors within 6 months commencing from April to September 2020 

The estimated budget is approximately IDR 4.2 Trillion.

4. Accelerated VAT refund of 19 certain sectors within 6 months commencing from April to September 2020.The maximum accelerated VAT refund for a non-exporter is IDR 5 Billion and unlimited for an exporter.

The estimated budget is approximately IDR 1.97 Trillion.

The Government also declare other economic stimulus to anticipate the effect of Covid 19.

Ireland 

Government Link:

COVID-19 (Coronavirus)

Link to article:

COVID-19 Key support measures available to business (central resource)

Israel 

Government Link:

Additional Steps to Assist Businesses and the Self-Employed: Easing of a Series of Regulatory Restrictions

Corona Crisis- Tax authority updates

Link to article:

Deferral of payment for VAT (in local language)

Corona Crisis | Tax Authority updates (in local language)

Italy 

Government Link:

Measures taken by the government

Italian Ministry of Finance

Link to article:

Measures taken by the Italian Government to face the Covid-19 Outbreak

The Italian Government has presented a 25-billion-euro package (Law Decree no. 18, now in force) in order to strengthen the Italian health care system and support companies, workers, and families facing the COVID-19 outbreak.

The four pillars of the package are:

-           strengthening the National Health Care System and the Civil Protection Department;

-           preserving employment levels and incomes;

-           pumping a huge amount of liquidity to help businesses and households;

-           suspending tax payments and providing tax incentives for workers and businesses.

With reference to the tax area, the most important measures are summarised below.

1. DEFERRAL OF TAX PAYMENTS

The Law Decree suspends a quite extensive number of tax payments and fulfilments. Rules are quite detailed, but the most important cases can be summarised as follows.

1)         All the tax and social security payments due within the 16th March have been deferred to the 20th March, unless one of the additional deferrals listed below can be applied.

2)         With reference to some categories of subjects particularly affected by the current health emergency (see below), the Law Decree provides for a deferral to the end of May:

-           of the payments of withholding taxes on income for employment and similar income which would be due within the end of April;

-           of the fulfilments and payments of social security contributions and premiums for compulsory insurance on employment which would be due within the end of April;

-           of the VAT payments which would be due within the end of March.

A payment in five equal monthly instalments starting from May is also possible as an alternative to a single payment at the end of May.

The number of subjects who can benefit from this measure is quite high and includes, among others, sports associations and clubs; sports facilities; gyms; clubs; sports centres; swimming pools; theatres; cinemas; discos; nightclubs; entities organising courses, fairs and events; restaurants; bars and pubs; museums; libraries; kindergartens; schools; spa and wellness centres; amusement parks; bus, railway, underground, sea or airport stations; car – or other means of transport – rentals; tourist guides and certain non-profit entities.

3)         With reference to companies, enterprises (also individual enterprises) and self-employed workers with a turnover not exceeding EUR 2 million in the previous tax period (whether included or not in the above-mentioned categories of subjects particularly affected by the current health emergency), the Law Decree provides for a deferral to the end of May:

-           of the payments of withholding taxes on income for employment and similar income to be paid between the 8th and the end of March;

-           of the payments of withholding taxes for regional and municipal purpose to be paid between the 8th and the end of March;

-           of the VAT payments to be paid between the 8th and the end of March;

-           of the payments of social security contributions and premiums for compulsory insurance on employment to be paid between the 8th and the end of March.

Also in this case, a payment in five equal monthly instalments starting from May is also possible as an alternative to a single payment at the end of May.

2. TAX AUDITS AND LITIGATIONS

The Law Decree provides for a suspension from the 8th of March to the end of May of all the activities related to tax audits, tax litigations, tax collection and other activities of the Italian tax authorities (such as those related to ruling procedures). Unfortunately, the Law Decree provides also for an extension of the statute of limitation for the 2015 tax period up to the end of 2022 (tax audits on 2015 would have been otherwise banned starting from the 1st January 2021).

3. OTHER TAX MEASURES

The Law Decree includes also other tax measures, such as a bonus for certain categories of workers, a tax credit of 50% of the costs borne by enterprises and professionals to sanitize spaces and work instruments, a tax credit of 60% of the amount of the rental fee of March for shops and the deducibility for income tax purposes of 30% of the donations to finance measures related to the containment of COVID-19 (up to a maximum amount of EUR 30,000).

4. OTHER NON-TAX MEASURES

Other interesting (non-tax) measures to support the economy and preserve employment levels are included in the Law Decree, such as temporary unemployment benefits for employees, moratorium on bank loan repayments for small and medium-sized businesses and measures to support credit to companies.

Suspension of tax and social security contributions obligations and payments

The Government issued Decree Law n. 18, containing measures to strengthen the National Health Service and provide economic support for families and businesses connected with the epidemiological emergency by COVID-19

1.  General rule

•  Payments to Public Administrations, including those relating to social security and welfare contributions and compulsory insurance premiums, expiring on 16 March 2020 are postponed to 20 March 2020.

•   Persons who have their fiscal domicile, registered office or operating headquarters in the territory of the State, tax fulfilments (such as, the filing of the VAT tax return related to fiscal year 2019, etc.) other than payments and other than the withholding tax and withholding tax relating to the regional and municipal surtax, which expire between 8 March 2020 and 31May 2020, are suspended.

•   The extension to 31 March 2020 for the electronic submission of data to be used for the pre-filing of tax returns for the 2019 tax period is also confirmed.

2. Specific rules

2.1. Suspension of payment obligations for hotels and tourist enterprises and others particularly affected by the epidemiological emergency Covid-19

Decree-Law no. 2 March 2020, n. 9, applicable to tourist accommodation Article 61 of the Decree, entitled "Suspension of payments of withholding taxes, social security and welfare contributions and premiums for compulsory insurance", provides, in the second paragraph, that the provisions of art. 8, paragraph 1, of companies, travel and tourism agencies and tour operators, having their fiscal domicile, registered office or place of business in the territory of the State, and concerning the suspension - from the date of entry into force of the aforesaid decree until 30 April 2020 - of the terms relating to the payment of withholding taxes referred to in Articles 23 (Withholding tax on income from employment) and 24 (Withholding tax on income assimilated to income from employment) of the D.P.R. no. 600/1973, as well as the terms relating to the fulfilment and payment of social security and welfare contributions and premiums for compulsory insurance, also apply to the following subjects:

a)         national sports federations, sports promotion bodies, professional and amateur sports associations and clubs, as well as those managing stadiums, sports facilities, gyms, clubs and facilities for dance, fitness and bodybuilding, sports centres, swimming pools and swimming centres;

b)         entities operating theatres, concert halls, cinemas, including ticketing services and activities in support of artistic performances, as well as discos, dance halls, nightclubs, amusement arcades and billiards;

c)         entities operating lottery receivers, lotteries, betting, including the management of related machines and equipment;

d)         entities that organize courses, fairs and events, including those of an artistic, cultural, recreational, sporting and religious nature;

e)         entities that manage catering, ice cream parlous, pastry shops, bars and pubs;

f)          entities managing museums, libraries, archives, historical sites and monuments, as well as botanical gardens, zoos and nature reserves;

g)         people who run day nurseries and day care services for disabled children, educational services and nursery schools, first and second level educational services, vocational training courses, sailing, navigation and flying schools, issuing licenses or commercial licenses, professional driving schools for drivers;

h)         people providing non-residential social work for the elderly and disabled;

i)          spas referred to in Law no. 323 of 24 October 2000 and centres for physical well-being;

j)          entities running amusement parks or theme parks;

k)         entities that manage bus, railway, underground, maritime and airport stations;

l)          entities operating freight and passenger transport services by land, sea, inland waterway, lake and lagoon, including the operation of funiculars, cable cars, gondolas, chairlifts and ski lifts;

m)        entities operating land, sea, inland, inland waterway, lake and lagoon freight and passenger transport services;

n)         entities operating rental services of sports and leisure equipment or of facilities and equipment for events and shows;

o)         people providing driving and tourist assistance;

p)         non-profit organizations of social utility (ONLUS) referred to in Article 10 of Legislative Decree no.

Pursuant to the third paragraph of the aforementioned art. 61, for receptive tourism businesses, travel and tourism agencies and tour operators, as well as for the other parties referred to in the previous second paragraph, the payment terms relating to value added tax expiring in March 2020 are suspended.

The following fourth paragraph provides that the payments suspended pursuant to the preceding second and third paragraphs, as well as the payments referred to in Article 8, first paragraph, of Decree-Law No. 9 of March 2, 2020, shall be made, without the application of penalties and interest, in a single instalment by May 31, 2020 or by instalment, up to a maximum of 5 monthly instalments of equal amount, starting from May 2020. The provision in question also clarifies that there will be no repayment of what has already been paid out pending the issue of the Decree.

The fifth paragraph of the aforementioned art. 61 provides, finally, that sports and national federations, sports promotion bodies, associations and clubs, professional and amateur sports, referred to in the previous second paragraph, letter a), apply the suspension referred to in the same paragraph until 31 May 2020. The suspended payments shall be made, without the application of penalties and interest, in a single instalment by 30 June

2020 or by instalments up to a maximum of 5 equal monthly instalments from June 2020. No repayment shall be made of amounts already paid.

2.2. Suspensions valid for persons with revenues or compensation not exceeding 2 million euros in the tax period prior to the entry into force of the Decree

The aforementioned art. 62, second paragraph, of the Decree provides that, for persons carrying on business activities, art or profession who have their fiscal domicile, registered office or operating headquarters in the territory of the State with revenues or compensation not exceeding 2 million euros in the tax period prior to the one in progress at the date of entry into force of this Decree-Law, payments from self-liquidation expiring in the period between 8 March 2020 and 31 March 2020 are suspended:

a)         relating to the withholding taxes referred to in Articles 23 (Withholding taxes on income from employment) and 24 (Withholding taxes on income assimilated to income from employment) of Presidential Decree no. 600 of 29 September 1973, and the withholding taxes relating to the regional and municipal surtax, which the aforementioned subjects operate as tax substitutes;

b)         relating to value added tax;

c)         relating to social security and welfare contributions, and compulsory insurance premiums.

The third paragraph of the aforementioned art. 62 of the Decree provides that the suspension of payments of value added tax referred to in the previous second paragraph, applies, regardless of the volume of revenues or compensation received, to persons carrying on business activities, art or profession who have their fiscal domicile, registered office or operating headquarters in the Provinces of Bergamo, Cremona, Lodi and Piacenza.

The fourth paragraph of the aforementioned art. 62 of the Decree provides that, for persons who have their fiscal domicile, registered office or operating headquarters in the municipalities identified in attachment 1 to the D.P.C.M. of 1 March 2020 (in the Lombardia Region: a) Bertonico; b) Casalpusterlengo; c) Castelgerundo; d) Castiglione D'Adda; e) Codogno; f) Fombio; g) Maleo; h) San Fiorano; i) Somaglia; l) Terranova dei Passerini; 2) in the Veneto Region: a) Vo'), the provisions of article 1 of the Decree of the Ministry of Economy and Finance of 24 February 2020 remain unchanged.

Pursuant to the following fifth paragraph, the suspended payments, also for the persons referred to in the aforementioned fourth paragraph, shall be made, without the application of penalties and interest, in a single instalment by 31 May 2020, or by instalments, up to a maximum of 5 equal monthly instalments, starting from May 2020. The provision also clarifies that there will be no repayment of what has already been paid out pending the issue of the Decree.

2.3. Exclusion from withholding tax for persons who have their fiscal domicile, registered office or operating headquarters in the territory of the State with revenues or compensation not exceeding Euro 400,000 in the tax period prior to the date of entry into force of the Decree

The seventh paragraph of the aforementioned art. 62 of the Decree provides that persons who have their fiscal domicile, registered office or operating headquarters in the territory of the State with revenues or compensation not exceeding € 400.000 in the tax period preceding that in progress at the date of entry into force of the Decree itself - provided that in the previous month they have not incurred expenses for employment or similar services - may request, by issuing a special declaration, that the revenues and remuneration received by them in the period between the date of entry into force of the Decree and 31 March

2020 are not subject to the withholding tax referred to in Articles 25 (Withholding tax on self-employment income and other income) and 25-bis (Withholding tax on commissions relating to commission, agency, mediation, trade representation and business relations), of the D. P.R. no. 600 of 29 September 1973, by the withholding agent.

The provision also specifies that withholding taxes not withheld by the withholding agent must be paid in a single instalment by the taxpayer by 31 May 2020, or by instalments, up to a maximum of 5 equal monthly instalments, starting from May 2020, without the application of penalties and interest.

Japan

Government Link:

Link to article:

Government updates on bank loan supports

JFC (Japan Finance Corporation) which is a financial institution funded by the Government of Japan has commenced to provide loan supports of up to JPY300 million (without any collateral) in relation to the Covid-19 for companies whose sales for the last one month have been decreased by at least 5% compared to the same month of last year or the year before last.

Updates on corporate income taxes

Please note that there are no corporate income taxes or consumption tax deadline delays issued by the Government of Japan as of today. The measures only apply to individuals to date.

Korea (South) 

Government Link:

50 Trillion Won Support Package to Combat COVID-19

Link to article:

Luxembourg

Government Link:

COVID-19 circulars to municipalities and similar entities (in local language)

Grand Ducal Regulation of 18 March 2020 introducing a series of measures in the context of the fight against COVID-19

Link to article:

Malaysia 

Government Link:

Economic Stimulus Package

Inland Revenue Board Of Malaysia

Link to article:

Updates from Authorities in Response to the Movement Control Order

FAQ issued by IRB on Tax Matters during the Movement Control Order

Updates on Indirect Tax - Filing of Return Form to Royal Malaysian Customs Department

Updated Filing Programme For the Year 2020

Economic Stimulus Package 2020

Mauritius 

Government Link:

 Mauritius Revenue Authority (MRA) - Tax measures taken due to lockdown

Link to article:

Mexico 

Government Link:

Government News

Link to article:

Netherlands

Government Link:

Government of Netherlands

Link to article:

Exporter definition postponed once again and other news

Norway 

Government Link:

Economic measures in Norway in response to COVID-19

Link to article:

Overview of measures to mitigate effects of Covid-19:

To mitigate the negative economic effects, the Norwegian government has introduced measures in several steps. The measures are designed to be targeted and effective.

Currently, several businesses in Norway are closed down by the Government such as hairdressers, dentists and other professions that have close contact with their customers. As in many other countries, many people are in quarantine because of the virus. Below is a summary of some of the measures with urgently impact on businesses cash flow, and adopted deferred payments:

VAT

The deadline for payment of the first VAT period is deferred from 10th of April to 10th of June 2020.

The low rate of VAT, which includes passenger transport, accommodation and parts of the cultural sector, is reduced from 12 to 8 per cent in the period from March 20th to October 31st, 2020.

Social Security

The deadline for payment of employers' contributions is postponed from 15th of May to 15th of August 2020.

Further actions have been suggested that Social Security on payrolls will be reduced from 14,1% to 10,1% for two months. Not yet decided.

Advanced corporation tax 2019

The deadline for payment of the second tax instalment for companies is postponed from 15th of April to 1st of September 2020. It should not be necessary to apply for this postpone of payment.

Corporate tax 2020

Corporate tax regulations is changed so that companies that are lossmaking in 2020 can re-allocate their loss towards previous years’ taxed surplus.

There are also suggestions that loss in 2020 might be reducing the corporate tax payments from profit in 2019. Not yet decided.

Other measures

The number of days that employers are obliged to pay salary to workers at temporary lay-offs, is reduced from 15 to 2 days.

Employees temporary layoff will retain 100 % of their pay up to 6G (National Insurance basic amount. 1G is NOK 99 858) from day 3 up to and including day 20 of the layoff period.

The tax regulations is changed so that owners of lossmaking companies can postpone payments of wealth tax.

The tax on air passengers for flights is suspended in the period from 1st of January until 31st of October 2020, and payments of aviation charges is suspended until 31st of June 2020.

A state guarantee scheme is introduced for new bank loans to small and medium sized enterprises suffering losses because of the extraordinary situation.

More measures may be needed in the coming weeks, hence the Norwegian Parliament has approved a temporary “The Coronavirus Act “ (final approval March 24th), which enables the Government to introduce further urgent measures to mitigate consequences of the coronavirus much faster.

OECD 

Government Link:

 

COVID-19: Joint actions to win the war

Tax in the time of COVID-19

Tax administration responses to Covid-19: support for taxpayers

Link to article:

Panama

Government Link:

Tax News

Presidential Communication

Link to article:

Poland

Government Link:

Link to article:

Proposed solutions of the Ministry of Finance in the „Anti-crisis shield” package

Portugal 

Government Link:

Government and COVID-19

Tax Measures and Legislation

Link to article:

Covid-19 Publications (central resource)

Law No. 1-A / 2020 - Exceptional measure to suspend procedural and procedural deadlines (in local language)

COVID-19: Social Security - Suspension of the term for payment of TSU (in local language)

Flexible payment of taxes and social contributions

Covid 19 - Business support measures

Response to the new coronavirus (COVID-19) under the Incentive Systems for companies

Romania

Government Link:

Link to article:

Government measures

Romanian Official Gazette

There are currently no tax regulations in place for any fiscal measures (including the postponement of payment of the tax liabilities and submission of returns). A press release was issued by the Romanian tax authorities which highlights the below (albeit not published in the Official Gazette yet):

  • Delay the payment deadline from 31 March 2020 to 30 June 2020 for local tax due for building, lands or means of transport

Interest and late payment penalties are not due for tax obligations due starting with the entry into force of the emergency ordinance.

Slovak Republic 

Government Link:

Government Measures

Link to article:

Slovakia - tax deferral/reduction opportunities (Covid-19)

Tax payments - CIT:

Slovak government decided to exempt tax arrears from penalties for the late filing of all income tax declarations. This latest decision applies to all income tax declarations for the year 2019 with filing deadlines on 31 March, 30 April and 31 May 2020, on the condition that they are filed by the end of June 2020. This governmental decree also waives late payment penalties if the relevant income tax is be paid by 30 June 2020 at the latest.

Tax payments - VAT:

There are no tax deferral/reduction opportunities yet.

General:

13 new measures are to be introduced by the current ministers for finance and economics with the aim of helping to compensate for the effects of coronavirus on entrepreneurs, companies and taxpayers. The measures are currently in the drafting phase and will be subject to an extraordinary approvals process. Implementation of these measures is expected to be carried out by the new government, which will be in place as of Saturday 21 March 2020.

13 new measures for taxpayers, entrepreneurs and employees during the COVID-19 pandemic - postponing income tax returns until the end of June 2020

Spain 

Government Link:

Government of Spain  (in local language)

Link to article:

Covid-19: Incentives and measures (central resource in local language)

Incentives and measures (central resource in local language)

Coronavirus and its effect on contracts (in local language)

Aid to SMEs approved by the government

New exceptional measures in the workplace

Employers and Employees resource centre

Effects of the declaration of the state of alarm on the tax deadlines

Labour law measures against COVID- 19: ERTE´s

Tax implications of the current COVID – 19 situation

Relevant information: COVID – 19

Sweden 

Government Link:

The Government’s work in response to the virus responsible for COVID-19

Economic measures in response to COVID-19

Crisis Package for Businesses 

Link to article:

Switzerland 

Government Link:

Corona virus is shrinking economy (in local language)

Link to article:

Turkey

Government Link:

News and Announcements (in local language)

Statement on Postponement of Concise and Value Added Tax Payments for 6 Months (in local language)

Link to article:

United Kingdom

Government Link:

Government Support for Businesses and Employees

Link to article:

COVID-19: Update (central resource with detailed information regarding VAT payment delays and the Business Interruption Loan Scheme)

Covid-19 latest business advice feed

United States of America

Government Link:

US Congress-Families First Coronavirus Response Act

Link to article:

Baker Tilly’s Coronavirus Preparedness Resource Centre

Treasury announces tax-filing deadline extended to July 15

COVID-19 Updates with California deadline extension confirmation