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COVID-19 and US CARES Act implications on interim filings under IFRS

|Tax Alerts, Legislation & Policy, National/Federal Taxation|United States, China, Germany, Hong Kong, Italy, Netherlands, United Kingdom
United States, China, Germany, Hong Kong, Italy, Netherlands, United Kingdom

This Alert highlights certain global tax accounting considerations for interim reporting resulting from the current economic environment, as well as tax accounting considerations of tax law changes, including, specific discussion on the United States (US) CARES Act which entities filing under the guidelines of International Financial Reporting Standards (IFRS) may need to consider as part of their interim financial reporting for income taxes.

EY previously published Alert 2020-0696 COVID-19 could…

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