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ARTICLE · 19 MAY 2020

Far From Home: Key Points On IRS Guidance And Relief

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In light of recent hardships imposed as a result of the COVID-19 pandemic, the US Internal Revenue Service issued guidance, providing relief to those impacted by travel and related...

United StatesTax
Aaron Schumacher
Aaron Schumacher
Richard LeVine
Richard LeVine
Wonchi Ju
Wonchi Ju
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In light of recent hardships imposed as a result of the COVID-19 pandemic, the US Internal Revenue Service issued guidance, providing relief to those impacted by travel and related disruptions for certain purposes under the US Internal Revenue Code as well as under various double tax treaties. On April 21, 2020, the IRS published Revenue Procedure 2020-20, Revenue Procedure 2020-27, and an FAQ published on the IRS website (the "COVID Guidance") at https://www.irs.gov/newsroom/information-for-nonresident-aliens-and-foreign-businesses-impacted-by-covid-19-travel-disruptions. The COVID Guidance excludes certain days (generally in the US) when making determinations with respect to (i) US tax residency, (ii) the US taxation of certain non-US businesses and (iii) the availability of limited treaty provisions.

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