Economies worldwide are opening up as Covid-19 lockdown restrictions ease, but there will be no return to business as usual. Instead, CEOs find themselves with a unique and very short window of time to reset their business models to meet new…

The UK’s Competition and Markets Authority (CMA) has provisionally cleared Amazon’s proposed acquisition of a stake in Deliveroo relying – in part – on the finding that Deliveroo would have been likely to exit the market without Amazon’s injection…

Today, the President signed the Paycheck Protection Program Flexibility Act of 2020, H.R. 7010 (PPPFA), which provides greater flexibility for the recipients of Small Business Act loans under the Paycheck Protection Program (a PPP loan).  The…

On Friday 29 May, Rishi Sunak made further announcements on the Coronavirus Job Retention Scheme support available to employers from 1 July 2020 onwards. The Good Employers will be pleased to know that the scheme has been extended from 1 July 2020…

As Private Equity sponsored companies pivot to recovery coming out of the COVID-19 crisis, the chance to re-design business models and business processes are a hidden benefit. Information Technology (IT) will be an agent of change, playing a…

The spread of COVID-19 has presented the global healthcare and life sciences sectors with unprecedented challenges. At the same time, it has underscored how quickly the industry can pivot to boost capacity in critical areas and support significant…

What is Bad Debt Relief for VAT? - If you have made supplies to your customers and have not been paid, six months after the due date you can normally claim relief from the VAT on bad debts for the goods and/or services that you have supplied…

The Covid-19 pandemic will have far-reaching impact on various industries. Business decisions made today will influence performance not just during the crisis, but for years to come.In this webinar hosted by McDermott Will & Emery, A&M…

2020 has brought a number of changes that will require taxpayers and preparers to rethink how Research Credits should be claimed and documented. The IRS added Research Issues to the list of formal campaigns in February 2020 and this will bring a…

As COVID-19 abates around the world, governments are cautiously reopening sectors of economies while rigorously monitoring public health and safety. It’s likely that economies will reopen by geography and industry in a rolling fashion based on state…

The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) and the subsequent Paycheck Protection Program and Health Care Enhancement Act appropriated over $175 billion in funding for the Public Health and Social Services Emergency Fund (“…

The volatility from COVID-19 and global economic uncertainty are creating financial pressures for businesses everywhere. This creates the perfect storm for wrongdoing such as fraudulent reporting, misappropriation of assets, bribery and corruption…

By now many articles have been written about the stress in the markets and in homes created by COVID-19 and the economic disruption. In today’s 24-hour news cycle, bad news must sell better than good news as we are inundated with negativity. With…

Article featured on Thompson Reuters' Taxnet Pro, May 2020. For many years, taxpayers have overlooked the significant gain exclusion benefits of owning Qualified Small Business (QSB) stock. But do not despair. Now may be the optimal time to…

With the Families First Coronavirus Response Act (FFCRA), Pub. L. 116-127, on the books for over eight weeks, the CARES Act, Pub. L. 116-136, on the books for seven weeks, and the Paycheck Protection Program and Health Care Enhancement Act (PPPHCEA…

HMRC published the direction on the Coronavirus Job Retention Scheme on 15 April 2020, setting out the basis for how to claim. In principle, the scheme is an easy one; employers can claim back up to 80% of their furloughed staff’s wages, capped at £…

Le monde est aujourd’hui confronté à une crise totalement inédite. Nous sortons actuellement de la phase aigüe des derniers 45 jours durant laquelle la pandémie COVID-19 aura provoqué une onde de choc sur l’ensemble du globe, conduit à la fermeture…

Yesterday, House Democrats released the initial bill text of the HEROES Act, their version of the Phase 4 COVID-19 bill. The bill text, which spans 1,815 pages and provides a $3 trillion coronavirus relief package, includes proposed revisions to…

Businesses are facing unprecedented financial and operational challenges due to COVID-19. To support businesses as they weather their financial losses, the U.S. federal government has approved measures that can enable up to $2.1 trillion in…

Optimizing technology value chains in the current economic environment can help drive liquidity and future tax savings. In response to the spread of the COVID-19 virus, various business support measures have been put in place by different countries…