Monday, March 23, 2020

Iowa temporarily suspends property tax collection and evictions; relaxes or extends deadlines on

DES MOINES, Iowa (KWWL) -- Today, Gov. Reynolds issued an additional State Public Health Emergency Declaration effective immediately providing additional regulatory relief to Iowans impacted by this public health disaster.

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The declaration relaxes a number of restrictions and regulations and provides relief from other statutes and state regulations:  

Today, U.S. Treasury Secretary Steve Mnuchin announced that the deadline for filing U.S. income taxes has been moved from April 15 to July 15.

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Publisher: KWWL
Date: 2020-03-20T15:01:16 00:00
Twitter: @KWWL
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Other things to check out:

Evita Nyandoro: why governance matters more than ever | ICAEW

23 March 2020: it's important that businesses consider the challenges around governance and the monitoring of regulations – especially when venturing into emerging markets, writes Citi's Evita Nyandoro.

Date: 637205769111932207
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Gov. McMaster extends state income tax deadline, allows curbside sale of alcohol | WCIV
Publisher: WCIV
Date: 2020-03-21T15:44:28 00:00
Author: Tony Fortier Bensen
Twitter: @abcnews4
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Three ways to reset our coronavirus financial crisis | TheHill

The Emanuel Rule is a wonderful rule. But even with a doozy of a crisis like the current one, the rule can't work for a party that forgot its own agenda. And that seems to be the case for the Republican Party currently.

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Halve the capital gains tax rate — not temporarily but permanently. The current top rate on long-term capital gains is 20 percent (never mind the 3.8 percent surcharge, for the moment). Dropping that rate to 10 percent is a move that, all by itself, will accelerate the stock market's recovery. That is because the entire world is aching — yes, even now — to jump into U.S. equities.

Publisher: TheHill
Date: 2020-03-22T09:00:08-04:00
Author: Amity Shlaes opinion contributor
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Mexico’s opportunities outweigh tax complexity and regulatory uncertainty | World Finance

Luis Gerardo Del Valle Torres is managing director of Mexican Law Firm Jáuregui y Del Valle, and author of The Mexican Federal Tax System – Its review under Economic and Legal Principles. In the book he identifies a number of Mexican taxes that disincentivise investment, and suggest they should be revised – but far from easing the compliance burden, Mexico is making international investment more complex.

World Finance: Luis, Mexico’s tax system is notoriously complex – what do international investors need to understand?

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US Foods Update Related to COVID-19 | National | argus-press.com

US Foods Holding Corp. (NYSE: USFD), a leading foodservice distributor, today announced updates on the impact of novel coronavirus (COVID-19) on the foodservice industry and its business.

The company believes its strong balance sheet will enable it to weather the economic impact of COVID-19 and has proactively drawn $1 billion under its existing revolving credit facilities to retain as cash on hand. The company has no debt maturing until fiscal 2022 and is actively working to explore additional financing opportunities if needed.

Publisher: The Argus-Press
Date: US Foods Update Related to COVID-19
Twitter: @arguspress
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Omega Authorizes $200 Million Stock Repurchase Program and Other Actions to Enhance Stockholder

Omega Healthcare Investors, Inc. (NYSE:OHI) announced today a number of precautionary actions in response to the market dislocation caused by the continued spread of COVID-19, including authorization of a stock repurchase program, suspension of the Company's Dividend Reinvestment and Stock Purchase Plan, and a partial draw on the Company's credit facility.

Taylor Pickett, Omega's Chief Executive Officer, stated, "As a primary capital source to our operators, a vital segment of the healthcare continuum, we have undertaken these actions today in order to provide optimal flexibility to our business.

Publisher: BaytownSun.com
Twitter: @TheBaytownSun
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Gildan Activewear Provides Update Related to COVID-19

1 Please refer to "Non-GAAP financial measures" in this press release.MONTREAL, March 23, 2020 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) today provided an update in response to the impact of the coronavirus pandemic (COVID-19) on its business and operations.

The spread of COVID-19 continues to heighten and is having a significant impact on global economic activity. As it relates to areas of Gildan's business, our first priority is the health and welfare of our employees, customers, suppliers and other partners which we have been working to address.

Publisher: AP NEWS
Date: 2020-03-23T10:30:00Z
Twitter: @ap
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