Latest Tax updates on Coronavirus (COVID-19)

Breaking VAT news from RSM’s experts around the world, including updates from Australia, New Zealand, Germany, Netherlands, Portugal and Poland

In these now very different times of globalisation and mass world travel, the business world is contemplating the consequences of COVID-19 on the global and indeed our domestic economies. 

Covid-19 is disrupting business across the world requiring tax authorities to implement rules and reliefs to support businesses through this period. We are pulling our global indirect tax resources together to create a single source of information, support and thought leadership.

Covid-19 is disrupting business across the world requiring tax authorities to implement rules and reliefs to support businesses through this period. We are pulling our global indirect tax resources together to create a single source of information, support and thought leadership.

Covid-19 is disrupting business across the world and requiring tax authorities to implement rules and reliefs to support businesses through this period. At RSM, we are pulling our global indirect tax resources together to create a single source of information, support and thought leadership. The Spanish government has implemented tax measures which will have an impact on VAT, meaning businesses must assume that the actions taken will be based on VAT deferment measures related to the submission of VAT returns, before the Spanish Tax Authorities and performance of payments, in favour of the Public Treasury. Furthermore, businesses will also have an extension on deadlines for the submission of any documents related to limited VAT audits or relevant from a tax perspective.

Covid-19 is disrupting business across the world requiring tax authorities to implement rules and reliefs to support businesses through this period. We are pulling our global indirect tax resources together to create a single source of information, support and thought leadership. In Switzerland, COVID-19 is massively hitting the economy and the Swiss Federal and Cantonal authorities have taken a wide range of urgent provisions to mitigate the consequences of the unpredictable situation. Measures have been implemented to support Swiss businesses and employees or self-employed people, and RSM Switzerland is pleased to provide you with a summary of the key provisions for VAT and customs duties.

COVID-19 is disrupting business across the world requiring tax authorities to implement rules and reliefs to support businesses through this period. We are pulling our global indirect tax resources together to create a single source of information, support and thought leadership.

Covid-19 is disrupting business across the world requiring tax authorities to implement rules and reliefs to support businesses through this period. We are pulling our global indirect tax resources together to create a single source of information, support and thought leadership. Currently, the UAE government has only implemented measures which affect excise tax registrants and the international movement of goods. VAT remains unchanged, i.e. no additional measures have been taken specifically for UAE VAT.

Covid-19 is disrupting business across the world requiring tax authorities to implement rules and reliefs to support businesses through this period. We are pulling our global indirect tax resources together to create a single source of information, support and thought leadership. The Canadian federal and provincial governments have temporarily extended certain deadlines for the filing and/or remittance of sales tax.

Covid-19 is disrupting business across the world requiring tax authorities to implement rules and reliefs to support businesses through this period. We are pulling our global indirect tax resources together to create a single source of information, support and thought leadership.

Covid-19 is disrupting business across the world requiring tax authorities to implement rules and reliefs to support businesses through this period. We are pulling our global indirect tax resources together to create a single source of information, support and thought leadership.

Covid-19 is disrupting business across the world and requiring tax authorities to implement rules and reliefs to support businesses through this period. At RSM, we are pulling our global indirect tax resources together to create a single source of information, support and thought leadership.

Covid-19 is disrupting business across the world requiring tax authorities to implement rules and reliefs to support businesses through this period. We are pulling our global indirect tax resources together to create a single source of information, support and thought leadership.

As part of a webinar series, International Tax Leader Rob Mander, speaks to RSM US’s Global Employer Services Partner, Sarah Gish to discuss some of the key issues global employers will face during the Coronavirus pandemic and some of the steps they should be taking.

As COVID-19 continues to bring unprecedented global disruption and many businesses experience a halt on both supply and demand, business leaders are having to rethink their strategies and how they do business.

The global impact of coronavirus aligned with the fact that different countries are at different stages in responding to the pandemic will mean a new way of doing business will be with us for many months (and probably longer).

The COVID 19 situation is changing rapidly and governments and tax administrations are moving quickly, to deal with the economic consequences of what will be a significant downturn in business activity.