CaixaBank is the only European institution among the global winners of the 'Outstanding Crisis Leadership' awards. Since the beginning of the crisis and up to September 30th, CaixaBank has made early payments of unemployment benefits to 3.6 million people, cancelled rent for 4,800 families and approved more than 380,000 credit moratoriums, among other measures.
The program included well-known personalities from LatAm’s economic and political arenas, as well as representatives of global economic organizations and corporate leaders. More than 2,000 attendees, from 463 investment firms representing key asset managers in the LatAm markets and 148 leading corporations’ top managers joined the event.
On December 27, 2020, the Consolidated Appropriations Act, 2021 was signed into law. The significant business and individual taxpayer related provisions are in Division EE, known as the Taxpayer Certainty and Disaster Tax Relief Act of 2020, and Division N, which includes the COVID-related Tax Relief Act of 2020 and the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act (the "Economic Aid Act"). This alert includes a high level summary of the items that most directly affect businesses, individuals and benefit plans.
The combined networks and boards will operate under the Spain-U.S. Chamber of Commerce, and we will continue to expand upon our mission of advancing, promoting, and assisting in the expansion of bilateral trade and investment between Spain and the United States.