Law No. 533-IX was enacted 18 March 2020 and includes measures to provide relief to taxpayers in response to the coronavirus (COVID-19) pandemic.
The new measures aim at supporting businesses during the quarantine period and introduce certain tax relief measures such as:
Simplified penalties and late-payment interest
Simplified accrual and payment of taxes and fees
Simplification of tax audits
For more information, contact KPMG’s Global Head of International Tax:
Rodney Lawrence | +1 (312) 665 5137 | email@example.com
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