Memorandum on Deferring Payroll Tax Obligations in Light of the Ongoing COVID-19 Disaster
As many of you are aware, a Memorandum on Deferring Payroll Tax Obligations was issued on Saturday, August 8th. Oracle is closely monitoring developments as the details are not yet clear. At this time, we are positioned to analyze and recommend necessary changes to the product in response to COVID-19 as soon as we have more clarity. We are also working with our partners to ensure we conduct a comprehensive impact analysis.
We will provide ongoing updates in the announcement located on My Oracle Support in the locations listed below. This will serve as the primary communication tool to ensure you have the most up-to-date information regarding system updates that may be necessary to adhere to new requirements.