Ben Moseley, Helen Chadwick and Mo Malhotra (Deloitte) examine the key tax points in relation to the actions corporate treasurers are considering in response to economic impact of the Covid-19 pandemic.
Corporate treasurers have been busy recently. As the world has changed for so many companies their focus has been on maximising liquidity to deal with reduced cash generation in amounts and time periods which can only be estimated.
As a result some treasurers have been taking action to raise new funding renegotiate existing debts and restructure hedging transactions.
Treasury operations have the potential to affect taxable profits to a significant extent – particularly when dealing with volatile foreign exchange rates interest rates and commodity prices. Market movements which are unhedged for tax purposes can result in unexpected cash tax liabilities and capital structures which are tax-inefficient can impact on a...
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Ben Moseley, Helen Chadwick and Mo Malhotra (Deloitte) examine the key tax points in relation to the actions corporate treasurers are considering in response to economic impact of the Covid-19 pandemic.
Corporate treasurers have been busy recently. As the world has changed for so many companies their focus has been on maximising liquidity to deal with reduced cash generation in amounts and time periods which can only be estimated.
As a result some treasurers have been taking action to raise new funding renegotiate existing debts and restructure hedging transactions.
Treasury operations have the potential to affect taxable profits to a significant extent – particularly when dealing with volatile foreign exchange rates interest rates and commodity prices. Market movements which are unhedged for tax purposes can result in unexpected cash tax liabilities and capital structures which are tax-inefficient can impact on a...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
