The details of the above together with other tax measures will be included in a law decree which should be issued shortly.

PwC Global VAT Online – In response to the coronavirus (COVID-19) threat, many countries around the world are implementing emergency tax breaks to support their economies. We have summarised below the emergency measures announced by a number of these territories and will add others when available. Measures being implemented include delayed VAT remittances to give businesses a cash flow boost, or cuts in VAT/ GST rates to help the worst affected sectors, such as consumer, tourism/hospitality, or in respect of medical supplies. For a summary of all the changes in each territory please register / login here.

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