Category: Covid-19

Fiscal policy key to overcoming pandemic’s impact on LatAm: UN agency

The United Nations Economic Commission for Latin America and the Caribbean (ECLAC) has stated that Latin American SANTIAGO, July 6 (Xinhua) — Latin American countries must turn to effective fiscal policy to cushion the social and economic impact of the COVID-19 pandemic and reactivate local economies, the United Nations Economic… – Continue reading

Voices CARES Act offers overlooked opportunities for tax refunds, but first check cross-border prices

Under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, U.S. corporations can now elect to carryback losses incurred in 2020 for a five-year period (2015 to 2019). While losses incurred in 2018 and 2019 can also be carried back five years, this article addresses 2020 current year opportunities. The… – Continue reading

OECD boss: Coronavirus crash will not be as bad as Great Depression

By now, the whole world is preparing for an impending global recession due to the COVID-19. Different experts are presenting their different views on the matter. While many are expecting a recession that will hit harder than the Great Depression, the secretary-general of the OECD, Angel Gurria does not seem to be sharing the same opinion. Here are more details. ... - Continue reading