AmCham China invites you to join a presentation on the key tax provisions of the largest economic stimulus ever enacted by the US government on this Friday, April 10.
On the March 27, President Trump signed the Coronavirus Aid, Relief, and Economic Security ("CARES") Act. Contained in its 880 pages of text, the CARES Act includes numerous business and individual tax provisions aimed at providing an immediate stimulus to the US economy. The CARES Act is the fourth measure by the Federal government aimed at countering the economic impact of COVID-19. Even with an estimated price tag of USD 2 trillion for the CARES Act, Congress and the Trump Administration are already considering other measures, should they be needed.
Join us in this session to learn about how the new law could impact business and individuals. Topic discussed will include net operating loss carrybacks, enhanced interest deductibility, an important correction to depreciation of certain property, recovery rebate cash payments to individuals, increased access to retirement funds, and important incentives related to employee retention and employee family and medical leave.
- Rebecca Wang, Deloitte Tax Partner
- David Allgaier, Deloitte Tax Partner
- This meeting will be conducted in English.
- Please register at least 2 days before the meeting starts.
- Meeting dial-in information will be shared shortly after the registration deadline.