Contribution collection and compliance
Contribution collection and compliance
See also the tag
contribution_collection
https://iskm.issa.int/taxonomy/term/304
Italy passes $29bn stimulus package for COVID-19 recovery
Trump signs 4 executive actions on coronavirus relief
Fiji: Contribution reduction
National Provident Fund (01.04.2020) To support all employers in Fiji, the statutory FNPF employer contribution is halved from 10 percent to 5 percent effective from 1 April 2020 to 31 December 2020. This expected to provide a $130 million relief to employers for the next 9 months. The employee Contribution is reduced from 8 percent to 5 percent effective from 1 April 2020 to 31 December 2020. This will put around $80 million back in the pockets of Fijian employees for the next 9 months.
Bolivia: Decreto Supremo 4298: Incentivos tributarios para la reactivación económica y el empleo - Noticias
boliviaemprende.com (28.07.2020) El Decreto Supremo 4298 del 24 de julio del 2020, crea incentivos tributarios para la reactivación económica y crea también un régimen tributario promocionar la creación de nuevas empresas. Además, fomentar el consumo y producción de bienes hechos en Bolivia. Consolida el pago del IVA, IUE e IT en un monotributo de 5% sobre las ventas brutas. Se puede acumular crédito fiscal para su posterior uso del Régimen General. Las compras de productos hechos en Bolivia, permitirá el descargo de RC- IVA con un 20% adicional de Crédito Fiscal.
New Caledonia: Deferral of social contributions for the self-employed
CAFAT (30.07.2020) As a self-employed worker, the due date for payment of your provisional contributions for the 2nd quarter of 2020 set on March 31 and the due date for payment of your provisional contributions for the 3rd quarter of 2020 set on June 30, are payable on September 30, 2020.
New Caledonia: Deferral of social contributions for employers
CAFAT (30.07.2020) The payment dates for contributions due by employers forced to reduce or suspend their activities due to the health emergency measures adopted on March 23, 2020 are as follows: The payment of social contributions for the 1st calendar quarter of 2020 (due April 30, 2020) is postponed to September 30, 2020. The payment of social contributions for the 2nd calendar quarter of 2020 (due July 31, 2020) is postponed to October 30, 2020.
Costa Rica: SPECIAL SOLIDARITY CONTRIBUTION TO HIGH PENSIONS
Ministry of finance (17.07.2020) Starting this July, the National Treasury of the Ministry of Finance will apply to pensions higher than ¢ 2,296,000 corresponding to the National Pension Directorate, Pension Board of the National Teaching Staff and the Ex-Presidents Regime, the deduction for special solidarity and redistributive contribution, established by Law No. 9796 (“Law to Redesign and Redistribute the Resources of the Special Solidarity Contribution”).
Barbados: Deferral of employers' contributions for 3 months
loopnewsbarbados.com (21.03.2020) For those employers who are prepared to retain three-quarters of their workforce even if some are on short-week, they can defer the employers’ contribution for three months in the first instance with a preparation to extend for another three months if the crisis goes beyond.
Marshall Islands: Taxpayers can now pay social security contribution using BOMI debit card
Marshall Islands Social Security Administration (09.06.2020) With the recent installation of the Bank of Marshall Islands (BOMI) debit card machine at MISSA’s front desk, a taxpayer will no longer need to write a check nor pay cash for social security contributions. Just like the way customers pay their groceries while shopping at K&K or Payless Supermarket, the MISSA cashier will insert the BOMI debit card to the machine and then enter the amount of MISSA taxes based on the completed MISSA Tax Form MISS-3 that will support the payment.