Tax News Update    Email this document    Print this document  

January 28, 2021
2021-0203

How Tax will play a vital role in the coming recovery

In this article, EY's Global Vice Chair - Tax, Kate Barton discusses how tax authorities have played a key part in the response to the global COVID-19 pandemic.

According to the article, Tax has taken on an unexpected and expanded role in the world's response to the COVID-19 crisis. The response to the pandemic has accelerated digital change throughout the tax ecosystem, which will bring lasting benefits to all taxpayers. Further, the author notes, the evolving ecosystem should prepare Tax to play a constructive role in the World Economic Forum's Great Reset Initiative.

 

The information contained herein is general in nature and is not intended, and should not be construed, as legal, accounting or tax advice or opinion provided by Ernst & Young LLP to the reader. The reader also is cautioned that this material may not be applicable to, or suitable for, the reader's specific circumstances or needs, and may require consideration of non-tax and other tax factors if any action is to be contemplated. The reader should contact his or her Ernst & Young LLP or other tax professional prior to taking any action based upon this information. Ernst & Young LLP assumes no obligation to inform the reader of any changes in tax laws or other factors that could affect the information contained herein.

 

Copyright © 1996 – 2024, Ernst & Young LLP

 

All rights reserved. No part of this document may be reproduced, retransmitted or otherwise redistributed in any form or by any means, electronic or mechanical, including by photocopying, facsimile transmission, recording, rekeying, or using any information storage and retrieval system, without written permission from Ernst & Young LLP.

 

EY US Tax News Update Master Agreement | EY Privacy Statement