The Federal Ministry of Tax announced within the Q&A section re Covid-emergency measures that donations of medical equipment, as well as the free provision of personnel for medical purposes, will be exempt from value added tax from April 3, 2020 until the end of the year for beneficiary organizations. Nothing was published yet.
If you are interested in further details please contact the following person.
Read More »
As from January 1 2020, a resident company shall file an economic substance declaration with the Barbados competent authority annually within 12 months after the last day of the end of each fiscal period.
Nearly everything has changed. The world is unrecognizable. I’m sitting at home for the third week in a row and am working 24/7. Slowly I’ve adjusted to the new situation. I am making the best of what we’ve got.
Read More »Ziemlich alles hat sich geändert. Man kann die Welt nicht mehr wiedererkennen. Ich sitze die Dritte Woche zu Hause und arbeite rund um die Uhr. Langsam bin ich organisiert in der neuen Situation. Ich mache das Beste aus dem was wir haben.
Read More »
The President of India promulgated the Taxation and Other Laws (Relaxation of Certain Provisions) Ordinance, 2020 (Ordinance),1 on 31 March 2020, to put into immediate effect the relief measures2 announced by the Finance Minister on 24 March 2020, in response to the Novel Coronavirus (COVID-19) outbreak. The Ordinance is in line with relief measures announced earlier on statutory and regulatory compliances under various laws.
Update in connection with customs measures implemented by the Spanish government regarding COVID-19 (31 March 2020):
All those submitting VAT monthly returns – including those who do not have a monthly refund authorisation and who are not considered to be ‘starter’ either – will be able to benefit from an accelerated refund of the VAT credit on their current account (with effect from 31 March 2020) under the conditions set out below.
Information alert regarding supporting measures for tax- and payroll during an emergency situation
The period of frustration now lies behind me. During the phase of desperation last week however it was terrible. I couldn’t eat – my stomach was pulling itself together and just the thought of food felt awful. I couldn’t sleep.
Die Phase der Verzweiflung liegt nun hinter mir. In der Phase der Verzweiflung letzte Woche war es aber schlimm. Ich konnte nicht essen – der Magen hat sich zusammengezogen und nur ein Gedanke an Essen fühlte sich schrecklich. Ich konnte nicht schlafen.
PwC Switzerland ITX
Michaela Merz 