Promoters and Agents in the Performing Arts –
Is the Shuttered Venue Operators Grant Program for you, too?
The Small Business Administration (SBA) has opened the application process for the Shuttered Venue Operators Grant (SVOG) program.
The SBA opened the application process on Thursday, April 8, but has temporarily suspended the SVOG application portal due to technical difficulties.
Applicants may continue to register for a new account, and the SBA will share advance notice of the time and date before the reopening.
Eligible applicants may qualify for grants equal to 45% of their 2019 gross earned revenue, with the maximum amount available for a single grant award of $10 million. The SVOG is not limited to owners of performance venues.
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As part of its commitment to meeting international
standards, the Cayman Islands has introduced a number of new
legislative measures and regulatory changes in recent years. Cayman
Islands entities will need to take certain actions and make certain
annual filings by specified deadlines as year-end approaches to
ensure they remain compliant with their regulatory
obligations.
These filings include the annual economic substance notification
and first return required under the International Tax Co-operation
(Economic Substance) Law (2020 Revision) (as amended by relevant
regulations, the ESL ) and the FATCA and CRS