April 6, 2020
Tax and business challenges in the time of COVID-19 – survey results
Businesses continue to navigate an ever-changing tax policy environment, including the Coronavirus Aid, Relief, and Economic Security (CARES) Act in the United States, given the spread of the coronavirus (COVID-19). The volume and pace of information has not stopped, and yet the difficulty of staying on top of these developments has increased. Tax departments are struggling to keep up with the implications, while businesses overall face significant challenges. During EY's 27 March 2020 webcast, we surveyed more than 5,000 executives to understand the impact of COVID-19 on their organizations. Here are some of the results in the attached PDF.