>> THERE’S AN UPDATE TO THIS POST HERE <<
Here’s a summary of what we see happening around the globe in respect of COVID-19.
For your convenience, we have grouped the articles by region and then by country, sorted from new to old.
Note that some articles cover multiple countries, so it’s useful to review these as well to find out if there are measures introduced in your country.
If there are developments in your country that are not yet listed, please let us know.
Stay safe!
- OECD Emergency tax policy responses to the Covid-19 pandemic: Faster VAT receivables, delay VAT payavbles, simplify bad debt…
- Global VAT Updates relating to Covid-19
- OECD: Work on taxation of the digitalised economy continues during coronavirus (COVID-19) crisis
- Tax measures taken worldwide related to COVID-19
- Staying up-to-date with COVID-19 stimulus responses (EY)
- VAT measures companies can take during COVID-19
- Corona Virus- Emergency VAT Update
- Covid-19 VAT Implications Worldwide
- International Tax Changes During the COVID-19 Pandemic
- PwC COVID-19 Summary (incl. cash-flow optimisation possibilities)
- Coronavirus Special Update: Emergency VAT Measures to Combat Fiscal Side Effects of Coronavirus Epidemic Outbreak
- How does the Coronavirus impact the VAT/GST world? Update 18 March 2020
- VAT is becoming the global fiscal tool of choice during the coronavirus downturn
- Managing the Impacts of COVID-19
- Coronavirus: Contingency plans for your VAT compliance team
- Indirect tax measures following Corona (Covid-19) outbreak
- Coronavirus events cancellations: did you consider VAT?
- How does the Coronavirus impact the VAT/GST world? Update 15 March 2020
- VAT – Fiscal tool of choice in Coronavirus downturn
- World turns to emergency tax breaks to support stuttering economies under the coronavirus (Covid-19) threat
- Emergency tax breaks to support stuttering economies under the Coronavirus (COVID) threat
EUROPE
- COVID-19 measures – postponement of submission of the VAT return upon reasoned request
- Coronavirus and taxes
- VAT measures related to COVID19 – Deferral of VAT payment & reduction/waiver late payment interest
- COVID-19 – Export measure for medical personal protective equipment without export authorisation
- Event cancelled? Check your VAT refund possibilities
- Corona – Compliance – extended deadlines, collection of VAT, postponement non-essential audits
- Coronavirus raises various tax questions in Belgium
- Extension of VAT deadlines due to the coronacrisis
- Corona – Additional measures – deferment for filing and paying VAT returns, EC Sales Listing and the Annual Sales Listing
- Tax measures in response to COVID-19
- Cyprus announces Government Support Program to address effects of COVID-19
- Corona – Postponement of VAT return submission & temporary reduction of VAT rates
- The Ministry of Finance of Cyprus has just announced the approval of the following bills in order to support businesses to counter the impact of the…
- Corona – temporary suspension of the submission of the VAT return & reduction VAT rates
- VAT measures in response to COVID-19 announced: 2 month reduction of the VAT rates
- Corona – Temporary reduction of VAT rates in Cyprus
- Impacts of the Czech tax relief package on taxpayers (COVID-19)
- Coronavirus Guide for Taxpayers
- Czech Republic to Waive Fines for Virus-Linked Late Tax Filings
- Czech Chamber of Deputies has passed urgent measures to assist businesses during the Covid-19 crisis
- Tax Alert COVID-19: Stabilization package for taxpayers
- Tax measures in response to COVID-19
- Corona – Amendment to tax procedures
- Parliament approves tax relief for Danish companies, response to coronavirus (COVID-19)
- Small taxpayers allowed to consolidate Q1 and Q2 VAT returns to reduce admin and cash flow during COVID-19 crisis
- Deadline for reporting and payment of VAT extended to the companies who report on a quarterly and semi-annual basis
- Tax measures in response to COVID-19
- Reaction to Corona – deadline postponed for submission and payment
- Denmark will allow a delay in payment of VAT
- Corona: Commission proposes to activate fiscal framework’s general escape – national governments can pump into the economy as much as they need
- European Union public procurement during the coronavirus outbreak
- Brexit transition period deadline of 31 December 2020 is possibly to be extended as a result of the coronavirus epidemic
- COVID-19 VAT measures introduced by EU tax authorities
- European Union imposes export restrictions on personal protective equipment
- European VAT Updates relating to COVID-19
- Flash Back on ECJ/CJEU Cases – Cancellation of reservations – Reservations get cancelled due to COVID-19 …. is VAT included in the taxable amount?
- VAT measures in the EU against effects of the Coronavirus (Covid-19)
- Virus Tax Relief Takes Precedence Over State Aid Rules: EU
- Corona – Indirect tax measures in the EU – Update March 16, 6PM
- European Commission recommends payment holidays during the coronavirus pandemic
- Time limits and force majeure at the Court of Justice of the EU during the COVID-19 crisis
- Corona/Covid19 virus – Overview measures taken by European authorities
- Coronavirus VAT related measures in France, Germany, Italy, Spain and UK
- Finnish Tax Authorities’ actions to support companies during the COVID-19 epidemic
- Finland provides range of Value Added Tax easements to help businesses cope with the effects of the coronavirus pandemic
- Corona situation: The tax administration supports businesses
- Corona measures do not include VAT, authorities committed to accelerate reimbursement of VAT credits
- VAT rate reduction from 24% to 6% for products needed to protect against coronavirus and 4-month suspension of payment of debts certified by…
- Corona – Indirect tax measures – Delay of VAT payment, waiver of interest and penalties for selected sectors
- Tax measures in response to COVID-19
- Corona – Businesses to contbue filing VAT returns, payments may be delayed if difficulties
- KPMG provides guidance to SMEs amid Covid-19 pandemic
- Measures to assist SMEs experiencing cashflow difficulties arising from COVID-19
- Highlights for VAT payers of measures introduced in response to COVID-19
- Italy enacts “Heal Italy” Decree to manage COVID-19
- Urgent tax measures adopted in response to COVID-19
- Cura Italia Decree – Part II – Fiscal and regulatory measures
- Corona – VAT (incl. yearly VAT return & Esterometro) and Intrastat reporting delayed till June 30, 2020 without fines
- Italy Suspends Tax Assessments Due to Coronavirus – What will be the impact on VAT receivables?
- Tax authorities suspending certain activities in light of COVID-19
- Coronavirus: extended terms tax payments March 16, new deadlines and suspensions next decree
- Italy: All the tax payments (incl. VAT) due by March 16, 2020 will be postponed
- Luxembourg announces tax and financial measures in response to COVID-19
- Coronavirus: speedy refunds of VAT credits due to businesses on balances below €10,000 and no fines for late filing of VAT returns until further notice
- Tax Administration will reimburse VAT credit balances below €10,000 – no fines will be levied when VAT returns are filed late
- COVID-19: VAT payments can be made in two equal instalments
- Incentives for business to help minimise the effects of COVID-19
- Coronavirus: PN proposes VAT suspension on tourism accommodation
- Corona-voucher a solution, but what are the VAT consequences?
- Dutch Government announces tax and legislative measures in response to COVID-19
- Further easing of deferral of payment for businesses
- Corona – Payment of Taxes incl. VAT can be postponed without proof
- Extra VAT relief on customer bad debts will be granted if related to COVID-19 crisis
- Suggested additional VAT measures for entrepreneurs due to corona crisis
- Corona – Possible additional VAT measures
- Coronavirus: Relaxation of deferral of payment of VAT and reduction of fines
- Meeting or event canceled? VAT back!
- Tax measures coronavirus
- Corona measures: businesses may postpone paying VAT to the authorities
- Tax and economic measures relating to the coronavirus
- Corona: – VAT “lower rate” would be temporarily reduced from 12% to 8% and VAT Payment due date 14 April would be postponed. T
- New immediate financial measures in response to the outbreak of the coronavirus
- Norwegian government is said to be considering a cut to the 12% reduced VAT rate to 8% as a response to the coronavirus crisis
- Anti-crisis Shield (March 19, 2020) – Postponement of the new SAF entry into force – from July 1, 2020.
- Corona – Expected bill – Postponed deadlines – date of new SAF-T-V7M would be postponed to 1 July 2020 (from 1 April 2020), and value…
- No delay for submitting your Feb VAT returns due on March 25, 2020
- Postponement of the go-live date for the combined SAF-T monthly filing (JPK_VAT) will likely be passed week of March 23
- JPK_VDEK and the code “09” for medicines
- How is Poland going to “treat” coronavirus among companies?
- Postponement SAF-T April deadline?
- Communication Polish government on delay to implement JPK (VAT return)
- Delays of new SAF-T extension until July 2020 due to Coronavirus
- COVID-19 crisis: Ministry of Finance has announced additional measures covering tax
- Coronavirus: VAT payments may be delayed by businesses with a turnover not exceeding €10million per annum
- Corona VAT measures – Faster reimbursements of VAT receivables. deferment deadline fiscal declarations
- Romania to Stop Most Audits, Delay Profits Tax to Curb Virus Hit
- Romania’s tax collection agency defers the submission of tax returns by one month
- Petition for deferral of VAT payments, faster repayment of VAT receivables, and VAT recovery on bad debts
- VAT obligations and the COVID-19 crisis (part 2)
- Corona – payment of VAT returns under a declared emergency
- Coronavirus: the cultural sector asks the Government to reduce the VAT to 4% and a financing line
- VAT obligations and the COVID-19 crisis (part 2) – Actually, no news
- Coronavirus: Spain closed VAT offices from 15 March for face-to-face meetings today and suspends filing deadlines
- Suspension of procedural and administrative time periods, statutes of limitations and time bars
- COVID-19: The Tax Agency announces that it will extend the terms of tax procedures
- Coronavirus takes bite out of Spanish VAT collection
- Deferral of VAT payments – Companies would have to apply for an extension from the tax agency
- The Swedish Government: Crisis packages for Swedish companies and jobs published March 16, 2020
- Possibility of postponement with payment due to the corona virus
- Swedish VAT measures for coronavirus
- Corona crisis, proposed measures from the Confederation of Swedish Enterprise and measures by Swedish govt
- Ability to postpone VAT payment for selected businesses, VAT rate for domestic air transportation from 18 to 1%
- Turkey’s coronavirus relief package will provide $8-9 billion liquidity to the markets in the next three months
- VAT rate cuts for airline travel and hotel accommodation due to COVID-19
- Ukraine vs COVID-19: Parliament passes anti-crisis laws
- Ukraine introduces significant measures to contain COVID-19
- COVID-19: support for businesses incl. deferral of VAT payments
- VAT – things to consider in light of COVID-19
- Corona – Support for businesses paying tax: Time to Pay service
- Coronavirus & VAT Update
- Deferment to pay VAT till the end of June 2020
- More measures expected at a next stage of the Government’s response to COVID-19 in the coming days
- Events cancelled due to coronavirus
- COVID-19 and time to pay HMRC
- Jersey: Minister announces coronavirus support measures – deferral of GST payments
- UK Jersey offers GST payment deferrals on coronavirus
AFRICA
MIDDLE EAST
- Postponing the collection of customs duties on imports for a period of 30 days against the submission of a bank guarantee
- Key measures to ease COVID-19-related burdens on business: VAT return filing and payment due dates extended
- KSA Government has deferred the deadline to file VAT return obligations by 3 months
- The GAZT has not announced any extensions to tax filing deadlines at this point
ASIA-PACIFIC
- Deferring GST available for Australian importers
- Australian Tax Office is offering payment delays on Goods and Services Tax and other taxes to assist taxpayers during the coronavirus pandemic
- Government announces business support measures in response to the Coronavirus
- Tax measures in response to COVID-19
- China announces tax relief measures to tackle coronavirus disruption
- Striking back against the outbreak of COVID-19 – VAT measures
- China waiving import duties on certain emergency vehicles, medical supplies
- China grants tax preferences to import of donated supplies for virus control
- Coronavirus lockdown: GST collections may see a sharp drop in March and April
- Federation of Associations in Indian Tourism and Hospitality asks for 12 month GST tax holiday for the tourism, travel and hospitality industry
- New Fiscal Incentives in Relation to COVID-19
- Ability to claim input VAT is broadened, New tax provisions for the digital economy
- Changes in working practices in response to COVID-19 affect tax services
- Indonesia announces new tax measures to fight impact of coronavirus
- Indonesia to support economy with $8 billion stimulus to counter virus impact
- Japan gov’t mulls coronavirus – no reduction in consumption tax rate expected
- Japan sales tax cut emerging as option as Abe govt battles coronavirus fallout
- Japan considers temporarily lowering sales tax to 5%
- COVID-19 Key tax and economic measures
- Indirect tax challenges, coronavirus (COVID-19)
- Economic Stimulus Package 2020 including Indirect Tax measures
- The uncertain world of Covid-19 tax relief
- Expect that Coronavirus related subsidies are likely to be specifically exempted from GST
- Government announces $12.1 billion package to address the impact of COVID-19
- COVID-19 measures – waiver of late payment interest for 2 years
- Tax considerations resulting from COVID-19 and business disruption
- Tax measures in response to COVID-19
- BIR Extends Deadline Extends Deadline for Filing of Various Returns and Payment of Taxes Due (COVID-19)
- Extension to File Applications for VAT Refund due to the Coronavirus
- COVID-19 prompts another BIR extension: VAT refund claims until April 30
- Corona – Reduction of WHT on selected payments/faster VAT refunds for ”good exporters”
- Thailand’s economic fundamentals strong despite virus, no VAT cut – finmin
- Ministry of Finance is to offer a five-month Value Added Tax deferment due to COVID-19
- Finance Ministry proposes 5-month extension of VAT and land rent payment for businesses
AMERICAS
- Fiscal measures to support the economy
- Postponement of GST audits
- Corona – support measures for businesses – postponment of audits and validaty of electronic signature
- Tax measures in response to COVID-19 announced
- Corona – VAT payment deferral the next 3 months for companies with lower sales to UF 350,000
- Colombia MOF Announces Extended Deadlines Due to Coronavirus Pandemic
- Tax measures announced in response to COVID-19
- Costa Rica Introducing Tax Payment Relief to Mitigate Adverse Effects of the Coronavirus
- Three-month VAT payment holiday for all businesses to help support them through the coronavirus crisis
- Jamaica Issues Release on Fiscal Stimulus Response to COVID-19 Including General Consumption Tax Rate Reduction
- Jamaica notes reduction of general consumption tax part of economic response to Coronavirus
- Live Updates: COVID-19-Related Tax Changes
- State and local tax relief relating to COVID-19
- 20,000 Illinois bars and restaurants to get two-month sales tax reprieve due to COVID-19
- Coronavirus: Walz to defer sales tax bills for Minnesota restaurants
- Restaurants appeal to state for tax relief over coronavirus fallout
- Sales Tax Updates due to Coronavirus
- Town of Vail, Colorado, has suspended sales tax collections to battle economic impact of COVID-19
