In accordance with the ruling issued by the Constitutional Court declaring the unconstitutionality of the executive decree that established the state of emergency throughout the national territory, the Tax and Customs Authorities have lifted the suspension of terms and conditions, as established below.
Regulation NAC-DGERCGC19-00000077 issued on December 23, 2020, by the General Director of the Internal Revenue Service establishes the tariffs applicable in the fiscal year 2021 for calculating income tax.
In accordance with the state of emergency declared by the President, the Tax and Customs Authorities have suspended the following deadlines and terms.
The Law for the Rationalization, Reuse, and Reduction of Single-Use Plastics in Commerce (the "Single-Use Plastics Law").
Within the first ten (10) days of the next year, generators of hazardous waste must submit the annual declaration of hazardous waste to prevent and reduce the generation of such waste.
On December 10, 2020, the Law of Modernization to the Law of Companies was published in the third supplement of Official Gazette 347.
The Reformatory Organic Law of the Organic Code of the Judicial Function, published in the Supplement to Official Gazette No. 345 of December 8, 2020, regulated the recess and vacation periods of the Judicial Function.
By Executive Decree 1190 issued on November 17, 2020, the President of the Republic published the Regulations for Public-Private Associations ("Regulations").
The Regulatory Reform of the Regulation for the Application of the Organic Law for the Regulation and Control of Market Power, issued by Executive Decree 1193 by President of the Republic on November 17th, was published in the Suplement to the Official Registry No. 341 on December 1st. (The “RALORCPM” and the “Reform to the RALORCPM”, as applicable).
Regulation NAC-DGERCGC20-00000067 issued on November 12, 2020 and published in the Second Supplement of the Official Registry 338 on November 26, 2020, the Tax Authority amended Regulation NAC-DGERCGC18-00000433 regarding the threshold and conditions in order to apply the benefits established in double tax treaties.
The Ministry of Labor ("MdT") has regulated different modalities of labor contracts.
On November 4, 2020 the National Court of Justice issued a ruling within the judicial process 17751-2020-00001 by which it declared that the Regulation SENAE-SENAE-2019-0049-RE (Regulation) issued on June 26, 2019 by the General Director of the Customs Authority was void.