3 Corporate Tax Management Cost Saving Strategies to Consider
Growing multinational companies juggle many tax responsibilities. Here are some tips for keeping all the balls in the air.
As the COVID-19 pandemic continues to present significant challenges to business operations and the global economy, new uncertainties relating to forecasted earnings are forcing accounting departments to assess the impact on their company’s value. Businesses assessing the pandemic as a potential ASC 350 triggering event are often required to perform additional impairment testing of their goodwill and other intangibles.
Join Global Tax Management and Centri Business Consulting as we explore how to manage the accounting and tax implications of the additional impairment testing requirements. In addition, we will give an update on ASC 842, Leases, and discuss opportunities and possible compliance challenges regarding both leases and impairment including:
Jaime Krug, Partner
Christopher Mora, Partner