Publications - Tax
The Polish Act on counteracting COVID-19 entered into force
On 31 March, 2020 an amendment to the Act on specific solutions related to the preventing, counteracting and combating COVID-19, other infectious diseases and crisis situations caused by them, together with other acts (the “Act”) entered…
COVID-19: Morocco suspends the running of all time frames provided by legal and regulatory provisions
Decree-law n°2.20.292, published in the Official Gazette on March 24th, has suspended the running of all time frames provided by legal and regulatory provisions.
COVID-19: Donations to the solidarity fund will be corporate income tax deductible
In an announcement issued on March 23rd the Direction Générale des Impôts has stated that donations made by corporate income tax taxpayers to the solidarity fund Fonds Covid-19 that has been created to fight the pandemic…
COVID-19: New Customs Department instructions published on the importation of medical equipment and supplies
Following Decision (EU) 2020/491 (see our commentary), the Customs Department updates its instructions for claiming import duty relief and VAT exemption on the importation of goods needed to combat the effects of the Covid-19 outbreak.
COVID-19: Companies face a return to non-essential activities, new rules on administrative and procedural time periods and the renegotiation of agreements
The situation created by the spread of COVID-19 requires an analysis of the new legislation from all angles of business law. For another week running, Garrigues summarizes the key new legislation that companies need to be aware of over the coming…
The deadline to submit the VAT periodic return of February was extended to 17 April. Electronic invoicing for public contracts is postponed to 2021
In the context of the extraordinary measures adopted to minimize the impact of new coronavirus (COVID-19) on the Portuguese economy, the Portuguese Government decided to extend the deadline to submit the VAT periodic return of February from 10 to 17…
COVID-19: Renegotiating commercial lease agreements may trigger tax costs
The COVID-19 crisis and resulting halt in economic activity in certain sectors is leading in a few cases to the renegotiation of commercial lease agreements on the ground of force majeure.
COVID-19: The Ministry of Communications and Transportation of Mexico specifies the essential activities
The Ministry of Communications and Transportation (SCT) has published in the Federal Official Gazette (DOF) a ruling specifying the essential activities competence of the STC. This is in connection with the ruling published by the Ministry of Health…
COVID-19: European Commission extends and adds flexibility to temporary framework for authorization of state aid
On April 3, 2020 the European Commission announced the adoption of an amendment extending and adding flexibility to the Temporary Framework adopted on March 19, 2020 to enable Member States to give State aid for research, testing and…
COVID-19.- A few doubts concerning the rules on calculating time periods in tax procedures, following Royal Decree-law 11/2020
Royal Decree-Law 11/2020, of March 31, 2020, has provided answers to a few doubts that had arisen concerning the rules on calculating certain time periods for tax procedures, following the suspension measures approved in recent weeks; though not…
COVID-19: European Commission grants relief from import duties and VAT exemption on importation for goods needed to combat the effects of the pandemic
On April 3, 2020 the European Union published Decision (EU) 2020/491, granting relief from import duties and VAT exemption on importation granted for goods needed to combat the effects of COVID-19. This Decision resulted from the requests sent by…
COVID-19: Companies should be aware of new deadlines and deferrals, as well as to covenant review, analyzing carefully their financial situation
A constant stream of new legislation is being approved that affects businesses. Every week Garrigues provides a summary of the main issues that companies need to take a look at over the coming days. This week we feature the new legislation approved…