09 April 2020 Five tax moves businesses should consider as COVID-19 affects the global economy On March 11, COVID-19 was declared a global pandemic by the World Health Organization (WHO) and, according to many economic forecasters, it has brought an unprecedented period of global economic expansion to an end. Businesses and tax executives will need to rethink business strategies, their supply chains, as well as the impact on their taxes in response to the significant disruptions as this crisis continues to evolve. This EY article discusses five steps businesses should consider to proactively prepare their tax function to help navigate these challenging economic conditions. Document ID: 2020-0923 |
