As businesses work to respond to the impacts and uncertainties of the current situation, it’s important to stay on top of the measures that governments are taking in regards to tax deadlines or reliefs, as well as the tax impacts of other business decisions.
Most fiscal measures in connection with cushioning the economic impact of COVID-19 (especially the liquidity buffer in the area of tax by extending payment deadlines for taxes and duties as well as the temporary waiving of default interest) expired on 31 December 2020. We will gladly help with assessing the fiscal implications of measures taken or planned in your company to address the effects of COVID.
KPMG has developed a range of resources providing insights on critical issues for organizations in the wake of COVID-19. Find below a dedicated content hub for all information, expertise and updates on tax matters.
Our tax specialists are ready to support you with advice and assistance in this extraordinary situation.
If you have questions about other COVID-19-related topics or about your tax practice in general, don't hesitate to contact us.