GMS

Individual and employer tax considerations for Coronavirus

Across the globe, the spread of the coronavirus is having a significant humanitarian impact and increasingly, an economic impact from stock markets to global supply chains. As governments move rapidly to contain the spread of the virus, global employers are also working to address how to manage employees in affected areas while continuing business operations.

Tax authorities are also reviewing their response and enacting changes to provide relief to affected taxpayers. Please find summarised key developments adopted in response to the coronavirus pandemic that impacts globally mobile employees and their employers here.

Summary of tax measures in certain impacted countries

 

Our experts Julia Saric-Bischof and Christoph Schmidl will be pleased to discuss your options – feel free to give them a call.