
Tax filing and payment due date for Individual (not corporate) taxpayer for 2019 due at 16 March 2020 was extended to 16 April 2020.

Tax filing and payment due date for Individual (not corporate) taxpayer for 2019 due at 16 March 2020 was extended to 16 April 2020.

On Friday 13 March 2020, the Government proposed a series of urgent measures to reduce the financial consequences of the ongoing coronavirus outbreak (COVID-19). Below are the details. Note that these proposals will be considered by the Parliament and that there may be changes.

Provisional instructions for requesting deferrals in accordance with the rules of liquidity facilitation for SMEs and self-employed workers as established in Royal Decree-Law 7/2020, of 12 March

Globally, the coronavirus is gaining more and more grip and COVID-19 is starting to paralyse society and the economy. Government bodies and other organisations are taking measures to prevent any further spread.

The following measurements were introduced by the Hungarian government in the government regulation Nr 47/2020 in response to the coronavirus-situation (COVID-19) effective as of 19 March 2020:

Die aktuellen Maßnahmen im Zusammenhang mit COVID19 wirken sich auf alle Bereiche des Geschäfts- und Privatlebens aus. Die Situation wirft auch zahlreiche Fragen auf, die einer schnellen Beantwortung bedürfen. Für sehr dringende Angelegenheiten hat PwC Austria ihre COVID19 Helpline eingerichtet. Unter der Nummer +43 (0) 664 96 77 960 sind unsere Experten rund um die Uhr für Sie erreichbar.

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In the Middle East a number of countries have announced financial and fiscal measures (budget spend reductions announced in Bahrain and KSA and fiscal stimulus policies in UAE and Qatar). In addition, please see below some tax measures introduced:

Press release ANAF – March 16, 2020
In this period, given the difficult economic context caused by the spread of COVID-19, the National Agency for Fiscal Administration (ANAF) prepared a set of measures for the support of the business environment, the most important being the following:
Special rules concerning coronavirus

Commonly occurring infections with the SARS-CoV-2 virus (“2019 novel coronavirus’) and related regulatory measures such as domestic quarantine and the closure of educational institutions, cancellation of events and generally the restriction of daily life can lead to this, that – starting in mid-March 2020 – there will be liquidity bottlenecks and delays in payment may occur.
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