This page offers an overview of tax developments being reported globally by KPMG member firms in response to the Novel Coronavirus (COVID-19).
The content will be updated regularly. However, due to the fast-moving pace of change, it may not always reflect the most current developments in a given jurisdiction. Please refer to the date of accuracy and refer to the relevant links, under additional information, for original source information.
On March 27, a comprehensive set of fiscal measures for consideration has been proposed by the cabinet to protect vulnerable household and businesses and to support the economy. These include:
On April 13, Parliament approved the tax exemption measures as proposed by the cabinet.