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PKF newsletter 05|2020
Coronavirus Special: CARES Act, home offices, legal and accounting issues as well as eurobonds
The USA ushered in the “Coronavirus Aid, Relief and Economic Security Act“ (CARES Act) on 27.3.2020. The aid package comprises a volume of approx. two trillion dollars (in the meanwhile, a further USD 500 bn has been added) and is intended to mitigate the economic consequences of the coronavirus crisis. In the following section you will find an overview of the general tax changes and the specific relief available to employers as laid down in the CARES Act.
- PKF newsletter 05|2020 Coronavirus Special: CARES Act, home offices, legal and accounting issues as well as eurobonds
Information on our website is of general nature. Although we try to archive the utmost precision and topicality with great care, the information ought not to be used without professional advice on basis of a careful review of the circumstances in each individual case.