Webinar I Movement of cash/cash tax minimisation tools
The COVID-19 pandemic prompted many governments to enact tax stimulus packages to lessen the impact to the economy. Approaching end of 2020 and start of 2021, businesses can utilize these stimulus incentives to optimize tax positions and minimize cash tax. Through tax accounting methods, accelerated depreciation, tax loss utilization, and other tax planning methods, businesses can reduce their cash tax obligations helping to preserve cash through the uncertainty of COVID-19.
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