EY Special Tax Alert No. 13/2020 – Updates to certain proposals in the Economic Stimulus Packages

EY Special Tax Alert No. 13/2020 – Updates to certain proposals in the Economic Stimulus Packages

EY is pleased to share a Special Tax Alert No. 13/2020. This edition covers:

  • Operational Guideline No. 2/2020 on the revision of estimate of tax payable (CP204) in the month of the third tax instalment (where the third-month tax instalment falls in 2020) and the deferment of monthly income tax instalment payments (CP204 and CP500) under the Economic Stimulus Packages
  • Stamp duty exemption on the instrument of loan or financing agreement executed between an SME and a financial institution
  • Withdrawal of funds from Private Retirement Schemes (PRS) without penalties

 

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