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April 30, 2020
Five tax moves businesses should consider as COVID-19 affects the global economy
On March 11th COVID-19 was declared a global pandemic by the World Health Organization (WHO) and, according to many economic forecasters, it has brought an unprecedented period of global economic expansion to an end. Near-term growth estimates for many countries continue to be revised downwards. Meanwhile, businesses and tax executives will need to rethink business strategies, their supply chains, as well as the impact on their taxes in response to the significant disruptions as this crisis continues to evolve. An EY article provides details.