‘Covid 19 and Beyond’: A Webinar by Ernst & Young in partnership with American Business Council- AmCham Kuwait and Kuwait Italian Business Council
On Monday April 27, The American Business Council Kuwait- AmCham Kuwait (ABCK) and the Kuwait Italian Business Council (KIBC), co-hosted a webinar in collaboration with Ernst and Young (EY) titled: “Covid 19 and Beyond”. The webinar was attended by over 100 senior executives representing American and Italian businesses operating in Kuwait, including Diplomats from the American Embassy, Kuwait Chamber of Commerce and Industry (KCCI), Kuwait Direct Investment Promotion Authority (KDIPA), and other prominent businesses in Kuwait.
The webinar was presented by Alok Chugh, Partner, EY Kuwait, and MENA Government and Public Sector Tax Leader, and focused on the impact of the ongoing Covid-19 crisis on the economy and businesses. The responses of governments and central banks in many jurisdictions around the globe including the USA, Italy, and all the GCC Countries including Kuwait were also discussed. In addition, tax policy and administrative responses in each of the GCC countries were discussed in detail, together with major financial-reporting considerations, the impact of the crisis on finance and tax functions and solutions, and opportunities for businesses.