19 May 2020
1. Through Legislative Decree No. 643 dated May 14, 2020, published in the Official Gazette No. 98 Volume 427 of May 15, 2020, the Legislative Assembly Decreed the TRANSITORY LAW TO FACILITATE THE VOLUNTARY COMPLIANCE OF TAX OBLIGATIONS BY VIRTUE TO THE NATIONAL EMERGENCY CAUSED BY THE COVID-19 PANDEMIC, the main provisions established by this law being the following:
a) It is granted until June 30, 2020, for:
1. The presentation and payment of the Income Tax declaration, corresponding to the 2019 tax year, whose legal term expired on April 30, 2020, as well as to make the modification to the declaration presented within the legal term.
2. To request authorization for payment in installments of Income Tax and make payments.
3. So that Large Taxpayers who have not submitted and paid the declaration of the Special Contribution to Large Taxpayers for the Citizen Security Plan, whose term expired on April 30, 2020, to submit and pay the aforementioned Contribution, as well as to carry out the corresponding modification, those who fulfilled the obligation within the established legal term.
b) It is granted until July 31, 2020, for:
1. Present the general balance of the closing of the fiscal year 2019, statement of results, tax reconciliations or justifications, Statement of Income and Expenses, for Medium and Large Taxpayers.
2. Make the appointment of the Fiscal Auditor corresponding to the 2020 annual period.
3. Submit the Fiscal Opinion together with the Fiscal Report, financial statements, tax reconciliations and supplementary information, corresponding to the year 2019.
This Decree will enter into force on the day of its publication in the Official Gazette and its effects will last according to the term regulated therein.