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.
Significant tax risk to non-US companies created by America First Trade Policy
On his first day in office, President Trump signed two memoranda, the Global Tax Deal and the America First Trade Policy, covering noteworthy international...