SUPPORT MEASURES TO FACE CORONAVIRUS
An automatic deferral of 2 months without surcharge or interest is granted for the payment of VAT and withholding tax. The same applies to taxation of individuals or companies established as from 12 March 2020. The Tax Authorities have also taken specific measures to enable businesses to overcome finan-cial difficulties that would be encountered as a result of the spread of the Coronavirus.
1. Which companies could benefit from these measures?
2. Which tax debts are concerned?
3. What are the measures planned by the Tax Authorities?
4. What are the conditions to benefit from these measures?
5. The steps to be taken
Tax Consult S.A. - March 2020