United States
Applications to sell unused state net operating losses and state research and development credits available the week of May 1, 2020.
Congress authorizes additional $310 billion for PPP; SBA issues additional eligibility guidance for hedge funds and private equity.
Recent guidance provides that certain deadlines, including the allowable time to invest in a QOF, are now extended because of COVID-19.
Enhanced tax deduction may be available for drug inventory contributions made to certain charitable organizations.
The medical device tax is set to resume on Jan. 1, 2018, however a House bill was introduced to delay the tax another five years.