The Spanish Ministry of Finance and Public Administration April 14 announced that the Council of Ministers approved a royal decree extending the deadline to file tax returns for small and medium enterprises (SMEs), due to the coronavirus pandemic. The announcement includes: 1) the application of extensions to SMEs with turnover up to 600,000 euros (US$650,754); 2) the deadline extension to May 20 from April 20 for SMEs to file quarterly VAT returns, and fractional corporate and individual income tax payments for April; 3) the deadline extension to May 15 from April 15 for domiciled declarations; and 4) the May 20 ...
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