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March 12, 2021
2020-5400

Updated! Staying up-to-date with COVID-19 stimulus responses

Governments around the world are active with firm commitment to protect their economies from the economic damage being caused by the COVID-19 virus. Whether through spending, tax cuts, investment incentives or changes to filing deadlines, tax systems will play a significant part in helping alleviate the financial and economic turmoil that is now occurring.

Policy changes across the globe are being proposed and implemented on a daily basis. EY’s Tax COVID-19 Stimulus Tracker provides a snapshot of the policy changes that have been announced in countries around the world in response to the ongoing crisis.

While this document is updated regularly, it has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax, or other professional advice.

For more information on EY's response to COVID-19 and our latest thinking, please visit our site here.

*This version of the Tracker, current up to 18 March 2021, includes one jurisdictional update (United States).* 

Updates and new country information can be found on page 3 of the PDF.

Additionally, a slide at the front of the deck is designed to help readers manage upcoming filing/reporting deadlines, as well as the impending expiration of key support measures/programs. This information, in an easy-to–use format, will be updated regularly.

Links to eight additional Trackers can be found on page 2 of the PDF and are available here:

Force Majeure | Global Mobility | Global Trade Considerations | Immigration Policy | Labor and Employment Law | Tax Controversy | US State and Local Taxes | Transfer Pricing

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ATTACHMENT

Tax COVID-19 Stimulus Tracker updated as of 18 March 2021

 
 

The information contained herein is general in nature and is not intended, and should not be construed, as legal, accounting or tax advice or opinion provided by Ernst & Young LLP to the reader. The reader also is cautioned that this material may not be applicable to, or suitable for, the reader's specific circumstances or needs, and may require consideration of non-tax and other tax factors if any action is to be contemplated. The reader should contact his or her Ernst & Young LLP or other tax professional prior to taking any action based upon this information. Ernst & Young LLP assumes no obligation to inform the reader of any changes in tax laws or other factors that could affect the information contained herein.

 

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Any U.S. tax advice contained herein was not intended or written to be used, and cannot be used, by the recipient for the purpose of avoiding penalties that may be imposed under the Internal Revenue Code or applicable state or local tax law provisions.

 

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