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Companies on a global level are faced with the effects of the globally spreading Coronavirus (COVID-19).
The current situation poses huge challenges regarding labor issues, personal data processing, public health, contracts, corporate governance, tax obligations and sanctions-related matters. This raises substantial questions and concerns from a tax and legal point of view.
Our experts from WTS Global have collected information and advice on managing the impact of COVID-19 in their home markets. We are pleased to offer you a bundled overview on over 35 countries below.
We remain entirely at your disposal for further advice and guidance to support you in professional challenges you might currently face.
Austria
Austrian measures to ease the effects of the crisis (English) – ICON Wirtschaftstreuhand GmbH
Information webpage (German) – ICON Wirtschaftstreuhand GmbH
COVID-10 labor law Q&As (German) – WTS Austria
“Coronavirus decree” (English) – WTS Austria
Baltics & Belarus
Information Website (Englisch), (Russian) – Sorainen
How to protect your business during the outbreak of the Coronavirus – Sorainen
Belgium
Information Website (English) – Tiberghien
Corona Q&A (English) – Altius
Brazil
News updates (English), (Portuguese) – Machado Associados
“Coronavirus: controversies in contractual and labour relations” Webinar on March 26, 10 am (Portuguese) – Machado Associados
Canada
Information page (English) – MNP
China
China’s relief measures during COVID-19 epidemic (English) – WTS China
Shanghai supports to fight NCP (English) – WTS China
China tax reliefs to support epidemic control (English) – WTS China
Czech Republic
Tax measures related to COVID-19 (English) – WTS Alfery
Denmark
Information webpage (English) – Lundgrens
France
Information sheet (English) – WTS Villemot
Germany
COVID-19 Management & Business Continuity (German) – WTS Germany
Tax weekly newsletter (German) – WTS Germany
Hungary
Second economic measures from Hungarian government related to coronavirus (English) – WTS Klient
First economic measures from Hungarian government related to coronavirus (English) – WTS Klient
Italy
Disposal of NPLs and UTPs – Conversion into Tax Credit, New Decree “Heal Italy” – Studio Biscozzi Nobili (SBN)
Summary of fiscal measures adopted by the Italian Government – WTS R&A Studio Tributario Associato
Tax alert (18.03.2020) – Studio Biscozzi Nobili (SBN)
Tax alert (17.03.2020) – Studio Biscozzi Nobili (SBN)
Luxembourg
Luxembourg tax measures announced – Tiberghien
Malaysia
Tips for Liquidity – TraTax
Business as optima notice (English) – TraTax
Information sheet (English) – Tratax
Netherlands
Update webpage (English) – ATLAS Fiscalisten
Pakistan
Tax measures to support the control of COVID-19 – Enfoque Consulting
Corporate alert: Corporate law relaxation due to COVID-19 -Enfoque Consulting
Peru
Information sheet (English) – Rubio Leguia Normand (RLN)
Poland
Coronavirus Update No.4 (English) – WTS Saja
Coronavirus Update No.3 (English) – WTS Saja
Coronavirus Update No.2 (English) – WTS Saja
Coronavirus Update No.1 (English) – WTS Saja
Portugal
Information webpage (English), (Portuguese) – Vieira de Almeida & Associados (VdA)
Romania
Two emergency ordinances published in Official Gazette on 20.03.2020 (English) – Ensight Finance
Information page (English) – Ensight Finance
Romanian Ministry of Fincance
Russia
Information sheet (English) – Althaus Group
Serbia
Government tax and financial measures (English) – WTS Serbia
Singapore
Singapore Budget Plan 2020 (English) – WTS Taxise
COVID-19 Resources (English) – WTS Taxise
Slovenia
Information sheet (English), (German) – WTS Tax d.o.o
Spain
Information sheet (English), (Spanish), (French) – ARCO Abogados
Sweden
Information sheet (English) – Svalner
Switzerland
Information sheet (German), (English) – Wenger & Vieli
Taiwan
Impact of COVID-19 on businesses in Taiwan – Eiger Law
Thailand
Comparison of commonly used Force Majeure and Hardship Clauses in International Contracts (English) – Lorenz & Partners
UAE
Dubai economic stimulus package (English) – WTS Dhruva Consultants
Ukraine
Amendments to the Tax Code of Ukraine and other laws for support of taxpayers during the coronavirus epidemic (English, Russian, Ukranian) – KM Partners
Information sheet (English), (Ukrainian) – KM Partners
United Kingdom
Tax Updates UK Government response to COVID-19 – FTI Consulting
United States
Tax News – COVID-19 Updates – FLSV
Tax Update March 27: Senate passes cares act – FLSV
Tax Update March 26: Income Tax and Estate Planning Techniques in a Volatile Economic Environment – FLSV
Tax Update March 21: Federal State and Local Tax Deadline changes – FLSV
Vietnam
Information sheet (English) – WTS Vietnam