Federal Government announces series of measures in the aftermath of the coronavirus pandemic

The Federal Government has issued a new set of measures seeking to preserve the cash holdings of companies during the pandemic. This set of measures includes taxation policies aimed at alleviating a company’s payroll obligations. The Government has also implemented the exoneration of taxes for the import and commercialization of supplies used to fight the pandemic. Additionally, the Attorney General of the National Treasury is announcing measures to ease the renegotiation of debt payments and the suspension of deadlines for administrative procedures. Other measures to anticipate the restitution of income taxes and defer tax payments are being studied.

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