As part of our Tax Function of the Future webcast series, PwC US Tax Reporting and Strategy's Margie Dhunjishah and Vik Purewal talk about near term actions tax functions can take to increase cash as a result of the recent business disruptions resulting from the COVID-19 health crisis.
Margie provides an update related to recent Frequently Asked Questions (FAQs) released by the Internal Revenue Service (IRS) for filing Form 1139 to obtain additional above-the-line cash benefits. In addition, Vik shares insights around additional mechanisms a Tax function can contribute to increase cash related to their Legal Entity Simplification (LES) strategy.
For the full replay of the webcast, visit this link:
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US Tax Reporting & Strategy (TRS) Leader, McLean, PwC US
Principal, Tax Reporting and Strategy, PwC US