Coronavirus Impact on International Tax Compliance
Description
Covid-19 is profoundly affecting the global economy, severely disrupting supply chains and cash flows for businesses everywhere. Governments around the world are trying to alleviate the fallout of the health crisis on their economies by issuing relief packages, including tax incentives; relaxing tax compliance deadlines; and considering a variety of other stimulus measures.
Join us for this webinar to better understand the potential effects these measures may have on your business.
We will discuss the short-term effects of various tax administrative changes on businesses operating in the United States and overseas, including deadline extensions, payment delays and deferrals, and changes in audit policies and procedures. In addition, we will look at potential medium- and long-term effects of tax policy changes made because of the coronavirus, including issues surrounding tax residency, transfer pricing, and future tax policy discussions in light of the economic impact of the coronavirus.
Educational objectives:
- Discuss how the CARES Act and other U.S. legislation might affect businesses
- Understand limitations the IRS faces regarding additional guidance on TCJA, general tax compliance, and other issues after recent legislative changes
- Review how different countries are using VAT and GST rules to offer a range of opportunities for distressed businesses to ease cash flow
- Get an update on additional measures governments are taking, such as wholesale rate cuts, payment holidays, and targeted benefits for sensitive industry sectors
- Learn about tax residency changes caused by shelter-in-place orders, remote work, and supply chain adjustments
- Understand how the economic downturn will impact transfer pricing, analysis, and documentation
Who would benefit most from attending this program?
- Corporate tax professionals
- Corporate Tax Attorney/Counsel, Controller/Comptroller, CPA/Accountant
Annabelle Gibson (Moderator)
- Director, International Tax
- Bloomberg Tax
Annabelle Gibson is the director of international tax at Bloomberg Tax & Accounting, responsible for developing and maintaining products related to international tax law issues. Prior to this role, she was a practice lead in the federal tax group, managing income tax and practice and procedure products.
Annabelle joined Bloomberg Tax & Accounting in 2014 as a state tax law analyst and focused on federal and state excise and industry-specific tax issue coverage. Annabelle holds a J.D. from Mississippi College School of Law and a B.A. from the University of Mary Washington. She is a member of the Virginia State Bar.
Joanna Norland
- Technical Tax Editor
- Bloomberg Tax & Accounting
Joanna Norland is a technical tax editor with Bloomberg Tax & Accounting in London, where she oversees the VAT Navigator, an online guide to the VAT, GST, and sales tax regimes of over 180 jurisdictions worldwide.
Joanna joined the London office of Bloomberg Tax in 2013 after working for 12 years as a U.S. tax lawyer and adviser at London practices including Allen & Overy LLP, Withers LLP, and Pricewaterhouse Coopers.
Alexis Sharp (Moderator)
- International Tax Analyst
- Bloomberg Tax
Alexis Sharp is an international tax analyst with Bloomberg Tax and Accounting, where she analyzes and drafts BEPS developments for several Bloomberg International Tax products. Ms. Sharp has a Bachelor of Arts degree from the University of Michigan and a Juris Doctor from the University of Illinois College of Law.
Andrew Silverman
- Government Analyst - Tax Policy
- Bloomberg Intelligence
Andrew Silverman is a tax policy analyst for Bloomberg Intelligence, a research platform that provides context on industries, companies, government, litigation, and the economy. He covers tax matters related to Congress and federal regulatory agencies, including the IRS and the Treasury Department, and their impacts on U.S. and foreign companies.
Before joining Bloomberg, Andrew worked as a tax lawyer for PricewaterhouseCoopers LLP and Deloitte Tax LLP. He has a Bachelor of Arts degree from Union College, a Juris Doctor from the University of Michigan Law School, and an LL.M. in taxation from New York University School of Law.
Jayanti Singh
- Practice Lead, International Tax
- Bloomberg Tax
Jayanti Singh is a practice lead for several Bloomberg Tax and Accounting international products. Jayanti holds an LL.M. from Georgetown University Law Center and previously worked as a corporate law attorney at a leading law firm in India.
