Virtual seminar to discuss economic substance around pandemic

A virtual seminar will be held for businesses next month to discuss economic substance in the COVID-19 environment.

The Association of Corporate Services Providers will host the event on Thursday, May 14, to cover a series of topics including what impact the pandemic will have an economic substance and if any leniency might be extended by the Income Tax Division.

Leading the session will be Head of Tax at KPMG Isle of Man, David Parsons, who has more than 25 years industry experience and has been heavily involved in international tax initiatives.

It'll take place at 12.30pm on the day and is free to be involved with - any companies interested in taking part are asked to contact aking@acsp.co.im for further information.