United States Capitol building

US CARES Act: Considerations for Privately Owned Companies

During this webcast, panelists discuss key elements of the CARES Act, including the key aspects of the Act available to Private Equity, their portfolio companies and other privately-owned businesses with more than 500 workers, and to understand the requirements and conditions to receive support.

Related topics Private equity COVID-19 Growth

The CARES Act is meant to broadly address the economic impacts of, and otherwise respond to, the COVID-19 outbreak within the United States. The CARES Act is the US Government’s key legislation to support recovery and provide economic relief to the US economy in response to the pandemic. The CARES Act outlines benefits that are available to businesses that are significantly impacted by COVID-19 and the corresponding government measures.

The webcast is intended for to educate companies with more than 500 workers and will focus on those provisions of the CARES Act that are of specific interest including:

  • Changes that provide potential tax relief
  • Employee and other indirect tax credits and deferrals
  • SBA and other financing provided under the Act, and the corresponding conditions

The webcast also addresses specific questions received from our Private Equity and other privately held clients since the CARES Act was passed on March 27, 2020.


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Michael F. Mundaca

Ernst & Young LLP US National Tax Department Leader