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The expanding scope of the Coronavirus has created uncertainty and anxiety on a global scale, encompassing both public health and economic impacts. As business leaders around the world grapple with a wide range of questions, Paul Hastings is here to help.

 

RECENT ARTICLES

Recent Articles

PH COVID-19 Client Alert Series: IRS Removes Cap on Amount of Tax Deferrable to July 15

Mar 22, 2020, 09:04 AM

By Joe Opich & Lauren Smith

Publication Type(s):
Client Alerts
Exlcude on home page:
No

Late Friday, the IRS issued guidance implementing the extension of the tax filing deadline to July 15, as announced by Treasury Secretary Steve Mnuchin Friday morning. In addition to formalizing the Secretary’s stated policy to extend the filing deadline, Notice 2020-18 supersedes previous guidance that had capped taxpayers’ ability to defer payment of tax liabilities to July 15 at $1 million for individual taxpayers and $10 million for C corporations. Notice 2020-18 removes both caps, and taxpayers may delay payment of all tax liabilities to July 15. The April 15 and June 15 estimated tax payments payable by C corporations are also deferred to July 15.

Click here for the latest updates and commentary on the response to COVID-19.

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  • client alerts

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Client Alert

PH COVID-19 Client Alert Series: IRS Removes Cap on Amount of Tax Deferrable to July 15

Mar 22, 2020, 09:04 AM

By Joe Opich & Lauren Smith

Publication Type(s):
Client Alerts
Exlcude on home page:
No

Late Friday, the IRS issued guidance implementing the extension of the tax filing deadline to July 15, as announced by Treasury Secretary Steve Mnuchin Friday morning. In addition to formalizing the Secretary’s stated policy to extend the filing deadline, Notice 2020-18 supersedes previous guidance that had capped taxpayers’ ability to defer payment of tax liabilities to July 15 at $1 million for individual taxpayers and $10 million for C corporations. Notice 2020-18 removes both caps, and taxpayers may delay payment of all tax liabilities to July 15. The April 15 and June 15 estimated tax payments payable by C corporations are also deferred to July 15.

Click here for the latest updates and commentary on the response to COVID-19.

IsRss:
  • tax law
  • client alerts

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Leave a comment

LABOR & EMPLOYMENT

PH COVID-19 Client Alert Series: IRS Removes Cap on Amount of Tax Deferrable to July 15

Mar 22, 2020, 09:04 AM

By Joe Opich & Lauren Smith

Publication Type(s):
Client Alerts
Exlcude on home page:
No

Late Friday, the IRS issued guidance implementing the extension of the tax filing deadline to July 15, as announced by Treasury Secretary Steve Mnuchin Friday morning. In addition to formalizing the Secretary’s stated policy to extend the filing deadline, Notice 2020-18 supersedes previous guidance that had capped taxpayers’ ability to defer payment of tax liabilities to July 15 at $1 million for individual taxpayers and $10 million for C corporations. Notice 2020-18 removes both caps, and taxpayers may delay payment of all tax liabilities to July 15. The April 15 and June 15 estimated tax payments payable by C corporations are also deferred to July 15.

Click here for the latest updates and commentary on the response to COVID-19.

IsRss:
  • tax law
  • client alerts

Related professionals

Leave a comment

FINANCIAL REGULATION & THE CARES ACT

PH COVID-19 Client Alert Series: IRS Removes Cap on Amount of Tax Deferrable to July 15

Mar 22, 2020, 09:04 AM

By Joe Opich & Lauren Smith

Publication Type(s):
Client Alerts
Exlcude on home page:
No

Late Friday, the IRS issued guidance implementing the extension of the tax filing deadline to July 15, as announced by Treasury Secretary Steve Mnuchin Friday morning. In addition to formalizing the Secretary’s stated policy to extend the filing deadline, Notice 2020-18 supersedes previous guidance that had capped taxpayers’ ability to defer payment of tax liabilities to July 15 at $1 million for individual taxpayers and $10 million for C corporations. Notice 2020-18 removes both caps, and taxpayers may delay payment of all tax liabilities to July 15. The April 15 and June 15 estimated tax payments payable by C corporations are also deferred to July 15.

Click here for the latest updates and commentary on the response to COVID-19.

IsRss:
  • tax law
  • client alerts

Related professionals

Leave a comment

ASSET MANAGEMENT

PH COVID-19 Client Alert Series: IRS Removes Cap on Amount of Tax Deferrable to July 15

Mar 22, 2020, 09:04 AM

By Joe Opich & Lauren Smith

Publication Type(s):
Client Alerts
Exlcude on home page:
No

Late Friday, the IRS issued guidance implementing the extension of the tax filing deadline to July 15, as announced by Treasury Secretary Steve Mnuchin Friday morning. In addition to formalizing the Secretary’s stated policy to extend the filing deadline, Notice 2020-18 supersedes previous guidance that had capped taxpayers’ ability to defer payment of tax liabilities to July 15 at $1 million for individual taxpayers and $10 million for C corporations. Notice 2020-18 removes both caps, and taxpayers may delay payment of all tax liabilities to July 15. The April 15 and June 15 estimated tax payments payable by C corporations are also deferred to July 15.

Click here for the latest updates and commentary on the response to COVID-19.

IsRss:
  • tax law
  • client alerts

Related professionals

Leave a comment

TAX LAW

PH COVID-19 Client Alert Series: IRS Removes Cap on Amount of Tax Deferrable to July 15

Mar 22, 2020, 09:04 AM

By Joe Opich & Lauren Smith

Publication Type(s):
Client Alerts
Exlcude on home page:
No

Late Friday, the IRS issued guidance implementing the extension of the tax filing deadline to July 15, as announced by Treasury Secretary Steve Mnuchin Friday morning. In addition to formalizing the Secretary’s stated policy to extend the filing deadline, Notice 2020-18 supersedes previous guidance that had capped taxpayers’ ability to defer payment of tax liabilities to July 15 at $1 million for individual taxpayers and $10 million for C corporations. Notice 2020-18 removes both caps, and taxpayers may delay payment of all tax liabilities to July 15. The April 15 and June 15 estimated tax payments payable by C corporations are also deferred to July 15.

Click here for the latest updates and commentary on the response to COVID-19.

IsRss:
  • tax law
  • client alerts

Related professionals

Leave a comment

REAL ESTATE & HOSPITALITY

PH COVID-19 Client Alert Series: IRS Removes Cap on Amount of Tax Deferrable to July 15

Mar 22, 2020, 09:04 AM

By Joe Opich & Lauren Smith

Publication Type(s):
Client Alerts
Exlcude on home page:
No

Late Friday, the IRS issued guidance implementing the extension of the tax filing deadline to July 15, as announced by Treasury Secretary Steve Mnuchin Friday morning. In addition to formalizing the Secretary’s stated policy to extend the filing deadline, Notice 2020-18 supersedes previous guidance that had capped taxpayers’ ability to defer payment of tax liabilities to July 15 at $1 million for individual taxpayers and $10 million for C corporations. Notice 2020-18 removes both caps, and taxpayers may delay payment of all tax liabilities to July 15. The April 15 and June 15 estimated tax payments payable by C corporations are also deferred to July 15.

Click here for the latest updates and commentary on the response to COVID-19.

IsRss:
  • tax law
  • client alerts

Related professionals

Leave a comment

DISPUTES

PH COVID-19 Client Alert Series: IRS Removes Cap on Amount of Tax Deferrable to July 15

Mar 22, 2020, 09:04 AM

By Joe Opich & Lauren Smith

Publication Type(s):
Client Alerts
Exlcude on home page:
No

Late Friday, the IRS issued guidance implementing the extension of the tax filing deadline to July 15, as announced by Treasury Secretary Steve Mnuchin Friday morning. In addition to formalizing the Secretary’s stated policy to extend the filing deadline, Notice 2020-18 supersedes previous guidance that had capped taxpayers’ ability to defer payment of tax liabilities to July 15 at $1 million for individual taxpayers and $10 million for C corporations. Notice 2020-18 removes both caps, and taxpayers may delay payment of all tax liabilities to July 15. The April 15 and June 15 estimated tax payments payable by C corporations are also deferred to July 15.

Click here for the latest updates and commentary on the response to COVID-19.

IsRss:
  • tax law
  • client alerts

Related professionals

Leave a comment

PRIVACY & CYBERSECURITY

PH COVID-19 Client Alert Series: IRS Removes Cap on Amount of Tax Deferrable to July 15

Mar 22, 2020, 09:04 AM

By Joe Opich & Lauren Smith

Publication Type(s):
Client Alerts
Exlcude on home page:
No

Late Friday, the IRS issued guidance implementing the extension of the tax filing deadline to July 15, as announced by Treasury Secretary Steve Mnuchin Friday morning. In addition to formalizing the Secretary’s stated policy to extend the filing deadline, Notice 2020-18 supersedes previous guidance that had capped taxpayers’ ability to defer payment of tax liabilities to July 15 at $1 million for individual taxpayers and $10 million for C corporations. Notice 2020-18 removes both caps, and taxpayers may delay payment of all tax liabilities to July 15. The April 15 and June 15 estimated tax payments payable by C corporations are also deferred to July 15.

Click here for the latest updates and commentary on the response to COVID-19.

IsRss:
  • tax law
  • client alerts

Related professionals

Leave a comment

SECURITIES & CAPITAL MARKETS

PH COVID-19 Client Alert Series: IRS Removes Cap on Amount of Tax Deferrable to July 15

Mar 22, 2020, 09:04 AM

By Joe Opich & Lauren Smith

Publication Type(s):
Client Alerts
Exlcude on home page:
No

Late Friday, the IRS issued guidance implementing the extension of the tax filing deadline to July 15, as announced by Treasury Secretary Steve Mnuchin Friday morning. In addition to formalizing the Secretary’s stated policy to extend the filing deadline, Notice 2020-18 supersedes previous guidance that had capped taxpayers’ ability to defer payment of tax liabilities to July 15 at $1 million for individual taxpayers and $10 million for C corporations. Notice 2020-18 removes both caps, and taxpayers may delay payment of all tax liabilities to July 15. The April 15 and June 15 estimated tax payments payable by C corporations are also deferred to July 15.

Click here for the latest updates and commentary on the response to COVID-19.

IsRss:
  • tax law
  • client alerts

Related professionals

Leave a comment

EUROPE

PH COVID-19 Client Alert Series: IRS Removes Cap on Amount of Tax Deferrable to July 15

Mar 22, 2020, 09:04 AM

By Joe Opich & Lauren Smith

Publication Type(s):
Client Alerts
Exlcude on home page:
No

Late Friday, the IRS issued guidance implementing the extension of the tax filing deadline to July 15, as announced by Treasury Secretary Steve Mnuchin Friday morning. In addition to formalizing the Secretary’s stated policy to extend the filing deadline, Notice 2020-18 supersedes previous guidance that had capped taxpayers’ ability to defer payment of tax liabilities to July 15 at $1 million for individual taxpayers and $10 million for C corporations. Notice 2020-18 removes both caps, and taxpayers may delay payment of all tax liabilities to July 15. The April 15 and June 15 estimated tax payments payable by C corporations are also deferred to July 15.

Click here for the latest updates and commentary on the response to COVID-19.

IsRss:
  • tax law
  • client alerts

Related professionals

Leave a comment

LATIN AMERICA

PH COVID-19 Client Alert Series: IRS Removes Cap on Amount of Tax Deferrable to July 15

Mar 22, 2020, 09:04 AM

By Joe Opich & Lauren Smith

Publication Type(s):
Client Alerts
Exlcude on home page:
No

Late Friday, the IRS issued guidance implementing the extension of the tax filing deadline to July 15, as announced by Treasury Secretary Steve Mnuchin Friday morning. In addition to formalizing the Secretary’s stated policy to extend the filing deadline, Notice 2020-18 supersedes previous guidance that had capped taxpayers’ ability to defer payment of tax liabilities to July 15 at $1 million for individual taxpayers and $10 million for C corporations. Notice 2020-18 removes both caps, and taxpayers may delay payment of all tax liabilities to July 15. The April 15 and June 15 estimated tax payments payable by C corporations are also deferred to July 15.

Click here for the latest updates and commentary on the response to COVID-19.

IsRss:
  • tax law
  • client alerts

Related professionals

Leave a comment

 

KEY INSIGHTS

PH COVID-19 Client Alert Series: IRS Removes Cap on Amount of Tax Deferrable to July 15

Mar 22, 2020, 09:04 AM

By Joe Opich & Lauren Smith

Publication Type(s):
Client Alerts
Exlcude on home page:
No

Late Friday, the IRS issued guidance implementing the extension of the tax filing deadline to July 15, as announced by Treasury Secretary Steve Mnuchin Friday morning. In addition to formalizing the Secretary’s stated policy to extend the filing deadline, Notice 2020-18 supersedes previous guidance that had capped taxpayers’ ability to defer payment of tax liabilities to July 15 at $1 million for individual taxpayers and $10 million for C corporations. Notice 2020-18 removes both caps, and taxpayers may delay payment of all tax liabilities to July 15. The April 15 and June 15 estimated tax payments payable by C corporations are also deferred to July 15.

Click here for the latest updates and commentary on the response to COVID-19.

IsRss:
  • tax law
  • client alerts

Related professionals

Leave a comment

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