Residency and Taxation of Individuals

30 June 2020

Join us for a live webinar on 30 June 2020 at 2pm (UK)/4pm (Moscow) to learn about key tax measures in response to COVID-19 and the post-COVID-19 'new normal'. Grant Thornton experts from Russia, the UK, the US and Germany will share their insights and answer your questions.

Webcast content

Russia

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  • Russian tax consequences for employees and other professionals involuntary staying in Russia or outside of Russia due to restrictions associated with COVID-19
  • Foreign bank account reports and notifications on controlled foreign companies (CFC) for individuals staying in Russia
  • Labor matters: remote work and hiring of expatriates during restrictions period

Aleksandra Gerasimova — moderator
Head of Practice, FBK Legal, FBK Grant Thornton

Liliya Yulgusheva
Senior Consultant, Tax Consulting Practice, FBK Legal, FBK Grant Thornton

 

United States

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  • IRS announcements on tax measures arising due to COVID-19:
    • Filing and payment extensions
    • Mitigating US Federal tax residency
    • Application of double tax treaty relief
    • Relief for individuals who returned to the US from overseas and corresponding impact on US taxation
    • Considerations for creation of PE
  • Considerations for longer-term remote working in the 'new normal'

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Richard Tonge
Principal, Global Mobility Services, Grant Thornton LLP

 

Germany

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  • Tax implications for cross border workers/expatriates working in their home country Germany due to closed borders
  • Announced measures of the German Ministry of Finance to ease these implications
  • Other COVID – 19 tax measures (deferment of tax payment etc.)
  • Overview short term work regulation in Germany

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Marco Schader
Partner, Tax, Warth & Klein Grant Thornton AG

 

United Kingdom

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  • HM Revenue & Customs (HMRC) announcements on tax measures due to COVID-19 including:
    • Employment and personal tax filing, reporting and payment extensions
    • Impact on the Statutory Residence Test
    • Allowances and expenses for employees working from home
    • Tax treatment and business implications of furloughed employees
    • Permanent Establishment considerations
  • Brexit – a recap that UK is due to leave the EU from 1 January 2021 after the current transition period ends in December and quick summary of the key points to consider

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Heather Smallwood
Director, Global Mobility Services, Grant Thornton UK LLP

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Katy Bond
Director, Global Mobility Services, Grant Thornton UK LLP
Q&A session

Register now

Reta Alshundba
Tel: +7 (495) 737 5353 [ext. 1132] Contact: