man operating machine in industrial factory

How tax and law affects factory conversions to fight COVID-19

In the inaugural edition of “Tax and Law In Focus,” Simon Hobbs interviews Gijsbert Bulk, Cornelius Grossmann and Rob Weber about the tax, legal and people challenges associated with factory conversions.

Thousands of businesses around the world stepped up to fight COVID-19, changing their operations, even if only temporarily. Companies made personal protection equipment including ventilators, face shields and hand sanitizer. Often, these conversions, even if temporary, have hidden tax, legal and workforce ramifications.

In this podcast, EY leaders explore the implications of factory conversions not only during the pandemic but also in the course of normal business transformation.

Key takeaways:

  • Businesses should always do well by doing good, but understand there can be tax and legal implications for every action taken.
  • Factory conversions are challenging in the best of times. During a pandemic or emergency, they can be particularly tricky.

For your convenience, full text transcript of this podcast is also available.


Podcast

Episode 1

Duration

49m 53s