While the current upheaval due to the COVID-19 pandemic is unprecedented, lessons learned from prior economic crises can help provide structure for rapid decision-making. Business leaders who effectively coordinate changes to cross-border transactions with finance, tax, and legal teams can unlock value at this critical time. Conversely, lack of coordination can result in unanticipated tax consequences that are a drain on precious cash resources.
In this Insights, we identify 10 actions multinational companies can take now.
Who bore the tariff burden? Economics of IEEPA refund disputes
The refund question sits at the intersection of customs procedure, administrative law, but also economics, and resolution will likely vary significantly across...