FBK Grant Thornton presents


Joint Webinar: Residency and Taxation of Individuals
COVID-19 Tax and Employment Regulation in Russia, Germany, the UK and the US

June 30, 2020
4 PM — 6 PM MSK time (UTC/GMT +3 hours)
Working language: English
Join us for a live webinar 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.

Register for the webinar - https://fbk.zoom.us/webinar/register/WN_rwaPWhffQI25mipETjAHxg

Programme content

Russia
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

The US
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'
Richard Tonge
Principal, Global Mobility Services, Grant Thornton LLP

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

The UK
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
Heather Smallwood
Director, Global Mobility Services, Grant Thornton UK LLP
Katy Bond
Director, Global Mobility Services, Grant Thornton UK LLP

Q&A session

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