{"id":39012,"date":"2020-04-15T00:00:00","date_gmt":"2020-04-15T00:00:00","guid":{"rendered":"https:\/\/augustaabogados.com\/the-tax-measures-that-our-government-has-not-taken\/"},"modified":"2024-02-06T10:32:52","modified_gmt":"2024-02-06T10:32:52","slug":"the-tax-measures-that-our-government-has-not-taken","status":"publish","type":"post","link":"https:\/\/augustaabogados.com\/en\/the-tax-measures-that-our-government-has-not-taken\/","title":{"rendered":"The tax measures that our government has not taken"},"content":{"rendered":"

The OECD estimates that the fall in economic activity in Spain, during the weeks of confinement, may be more than 25 percent (www.ocde.org<\/a>). Likewise, it is expected that, GDP may fall around -8% in annual terms.<\/p>\n

Given a disaster of this magnitude, it is surprising that the Spanish Government has not adopted substantive fiscal measures<\/span> to help companies and families overcome the crisis, also from this perspective. The Government has limited itself to suspending certain periods during the validity of the State of alarm and offering term extensions (with interest) to companies and individuals that bill less than 6 million euros. This suspension of terms does not affect the filing of VAT, PAYE withholdings or the payment on account of the corporate tax due on April 20 ( except for SMEs and individuals). The payment delay does not either cover the personal income tax campaign that is now beginning.<\/p>\n

This lack of measures hints at a certain insensitivity not only about the financial reality of the companies but also about the situation of the administrative managers of the companies who have to fulfill the fiscal obligations from the confinement, with all the complications and difficulties that this implies.<\/p>\n

Let us now review some of the measures, exclusively of a fiscal nature, that have been adopted in other jurisdictions.<\/p>\n

DEADLINES AND PAYMENTS<\/strong><\/p>\n