In light of the current coronavirus (COVID-19) healthcare crisis impacting businesses, we have compiled a list of resources that provide information at the international, U.S. federal and state levels. These resources are updated regularly to help your business cope with and better understand the tax implications of COVID-19:
U.S. State Tax Changes
AICPA – A Detailed State-by-State Analysis of Tax Filing Guidelines
State-by-state tax relief analysis for business continuation, economic impact, workforce issues and other resources to help CPAs amid the coronavirus pandemic.
Learn More About Tax Filing Guidelines
COST – State and Local Government Filing Relief Due to COVID-19
To help keep track of state and local government filing relief due to COVID-19, COST is compiling a state-by-state chart of guidance that has been issued on the matter.
Learn More About State and Local Government Filing Relief
Country-by-Country Tax Changes
Tax Foundation - Fiscal Measures Around the World During the Coronavirus Outbreak
Countries around the world are implementing emergency tax measures to support their debilitated economies during the COVID-19 threat. The following countries implemented or plan to implement tax relief for businesses and households affected by this health crisis.
Learn More About COVID-19 Fiscal Measures Around the World
Tax and Business Resources
Bloomberg Tax & Accounting - Coronavirus Impacts on Tax and Accounting
Governments across the globe are proposing extensions, exemptions, incentives and other ways to ease the impact of the crisis. Here’s what you need to know to advise your clients or business.
Learn More About Coronavirus Impacts
IRS & U.S. Treasury – Tax Relief Guidance
The IRS has established a special section focused on steps to help taxpayers, businesses and others affected by the coronavirus. The Department of Treasury also has information available on coronavirus.
Learn More About Tax Relief Guidance
World Bank Group - COVID-19 Resources
The World Bank Group has developed a special resource center for coronavirus news and updates, as well as how the organization is helping countries during this global pandemic.
Learn More About how the World Bank Group is Helping with COVID-19
Resources from Big 4 Accounting Firms
Deloitte - COVID-19 Tax Policy Updates
COVID-19 stimulus: A taxpayer guide and Deloitte publication that looks at the tax provisions in the new legislation and their potential implications for business and individual taxpayers.
Learn More About Coronavirus Tax Policy Updates
EY - COVID-19: How are Governments Responding to the Call for Stimulus?
Governments around the world are acting decisively to protect their businesses and people from the economic disruption being caused by the COVID-19 virus pandemic. Whether through tax cuts, investment incentives or changes to filing deadlines, tax systems will play a significant part in helping to alleviate the financial and economic turmoil that is now occurring.
Learn More About COVID-19 Stimulus from Governments Around the Globe
KPMG - COVID-19: Insights on Tax Impacts
COVID-19 is having wide-ranging economic, business and social impacts. Tax, trade and other authorities around the world are responding with regulatory change, relief measures and extensions.
Learn More About COVID-19 Impacts on Tax
PwC – Global COVID-19 Summary from Global VAT Online
In response to the coronavirus threat, many countries around the world are implementing emergency tax breaks to support their economies. Measures being implemented include delayed VAT remittances to give businesses a cash flow boost, or cuts in VAT/GST rates to help the worst affected sectors, such as consumer, tourism/hospitality or in respect of medical supplies.
Learn More About Global Emergency Tax Breaks Resulting from Coronavirus
Explore our recently posted COVID-related resources by clicking on the cards below.