COVID-19 #2 Debt-equity swap to restore your equity position
In the context of the economic downturn caused by the corona crisis, companies may seek for (different) ways to restore their equity position. Previously, we explored intragroup debt waivers as a remedy to alleviate financial distress (click here). Another approach that may be considered is the contribution in kind of existing intercompany (or third party)
Update – Belgian tax authorities publish additional measures to mitigate the impact of the COVID-19 crisis
After the introduction of the first wave of supportive financial measures, the government has now decided to take additional measures in order to further mitigate the financial impact of the COVID-19 pandemic. In particular, the authorities are now also publishing a number of specific tax measures. With these measures, companies get an automatic extension to
Coronavirus: support for your business in times of unprecedented challenges
The spread of the coronavirus (COVID-19) is forcing governments around the world, including in Belgium, to take drastic measures to take back control over the human impact of Covid-19. Although required, these countermeasures are causing major disruption for individuals, families, businesses and the global economy in general. Aware of the significant impact of the pandemic
Coronavirus – impact on international workforce – update for Luxembourg and France
As mentioned in our newsflash of 13 March 2020, following the health situation linked to the Covid-19 crisis, in order to “flatten the curve”, companies are taking isolation measures and are moving in an accelerated pace to fully remote working (homeworking) where possible. In fact, many cross-border workers will be called upon to do more
COVID-19 #1 Debt waiver: beware for a tax cash out
Next to having a huge impact on our personal and family lives, the outbreak and spreading of the coronavirus (COVID-19) is likely to result in a slowdown of economies across the globe. In the coming weeks, we will keep you informed on various tax (re)structuring related topics that may help you in combating the virus
Coronavirus – impact on companies with an international workforce
The outbreak and spreading of the coronavirus (COVID-19) leaves almost no one unaffected. It has become a worldwide phenomenon impacting personal and family life, governments, businesses and the economies across the globe. Depending on the location and anticipated impact of the virus, certain (sometimes extreme) measures (such as quarantine and lock down) and safety precautions
