MoF decisions #11/1 dated 12 Jan. 2021- Extension of Q4-2020 Payroll Tax declarations until 15 Feb. 2021 (attached scanned copy) has extended the deadlines to present the 4th quarter of 2020 Payroll Tax (R10) (declaration and the payment of the related taxes until the 15th February 2021 inclusive.
the Law #199 dated 29th December 2020 published on the 31st December 2020 in the Official Gazette has further extended the suspension of the legal and tax obligations set by the Law #185 by 6 months till the 30th June 2021. This extension also covers the deadlines set in the Article 22 of the Budget Law 2020 that extended the deadlines […]
The Ministry of Finance’s decision # 1/893 dated 31 December 2020 has finally acknowledged the difference of exchange resulting from the purchase of goods or assets in foreign currencies at the parallel market rate. According to this MOF decision, this difference of exchange should be added to the cost of the goods in the Profit & Loss statement or […]