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Coronavirus Tax Coverage

In a meeting on economic issues, Russian Prime Minister Mikhail Mishustin noted the presidential package of measures includes deferring all taxes but VAT for six months for small and medium-sized businesses and further discussed the plan to place a 13 percent tax on income for those that have over 1 million rubles in bank deposits and debt securities announced by the president in his address to the nation.
The Louisiana Department of Revenue provided guidance for state income tax extensions granted in response to COVID-19, including declaration payments for the 2020 tax year, the passthrough entity tax, and extensions on acquiring or transferring tax credits.
The New Mexico Taxation and Revenue Department is taking measures to ease its compliance enforcement due to COVID-19, taking steps such as postponing its most severe actions like seizures for 90 days, suspending automatic garnishment of tax refunds, expediting identity verification questions on income tax refunds, and offering extensions of up to 60 days for taxpayers on payment plans.
The Arkansas Department of Finance and Administration issued a summary of the current state tax extensions offered in response to COVID-19 and the governor's executive order; individual income tax filings and payments are now due July 15, 2020, but some other deadlines are not extended.