by Ulrika Lomas, Tax-News.com, Brussels 15 April 2020 The OECD has released guidance for national policymakers on the impact of COVID-19 on the treatment of cross-border workers and the interpretation of international tax treaty rules. “OECD Secretariat Analysis of Tax Treaties and the Impact of the COVID-19 Crisis” is available on the OECD’s website. The...Read More
by Mike Godfrey, Tax-News.com Washington 15 April 2020 On March 31, 2020, the United States Treasury Department and the Internal Revenue Service launched the Employee Retention Credit scheme, designed to encourage businesses to keep employees on their payroll amid the COVID-19 crisis. Included in the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), signed...Read More
by Mike Godfrey, Tax-News.com Washington 15 April 2020 On March 27, 2020, the United States Treasury Department and the Internal Revenue Service issued a notice which extends COVID-19-related filing and payment relief to federal gift and generation-skipping taxes. For taxpayers with gift and generation-skipping transfer tax returns and payments due on April 15, 2020, Notice...Read More
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