Royal Decree-Law 19/2020 states that the three-month time period for preparing financial statements and other documents required by law will start to run from June 1, 2020, and reduces the time period for approving financial statements to two months running from the end of the time period for their preparation. In keeping with the new time periods for preparation and approval of the financial statements, it is allowed to file a second corporate income tax self-assessment until November 30, 2020. Additionally, amendments are introduced to the rules on tax deferrals for small and medium-sized companies and the self-employed along with a new stamp tax exemption; and a later date has been determined for publication of the list of delinquent tax payers.
International arbitrations are not associated with any particular jurisdiction, and in Latin America and elsewhere, most arbitral institutions keep handling arbitral proceedings and enabling them to continue, despite COVID-19, by using available technology.
On 17 April 2020, new amendments to the Act on special arrangements for preventing, counter-acting and combating COVID-19 introducing the solutions of the Anti-Crisis Shield were published. What solutions were proposed for the area of public procurement?
The Parliament adopted amendments to the Act on special arrangements for the prevention and combating of COVID-19, other infectious diseases and the resulting emergencies and other acts. The so-called "Anti-Crisis Shield 2.0" was signed by the President and came into force. What changes in labor law are waiting for entrepreneurs?
On 31 March, 2020 an amendment to the Act on specific solutions related to the preventing, counteracting and combating COVID-19, other infectious diseases and crisis situations caused by them, together with other acts (the “Act”) entered into force.
The special “protective shield” act implemented by the Polish Parliament, which came into force on April 1st, offers a wide range of possible measures provided as countermeasures to the COVID-19 epidemic.
On April 3, 2020 the European Commission announced the adoption of an amendment extending and adding flexibility to the Temporary Framework adopted on March 19, 2020 to enable Member States to give State aid for research, testing and production of coronavirus related products, and also to grant greater volumes of aid in under the categories already allowed in under the original Temporary Framework.