Taxpayer Certainty and Disaster Tax Relief Act of 2020

E851377

The Taxpayer Certainty and Disaster Tax Relief Act of 2020 is a U.S. federal law that extends and modifies various tax provisions, including targeted relief measures for individuals and businesses affected by disasters and the COVID-19 pandemic.

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Statements (41)

Predicate Object
instanceOf United States federal statute
appliesTo Internal Revenue Code of 1986 NERFINISHED
appliesToEvent COVID-19 public health emergency NERFINISHED
major disasters declared by the President
qualified disaster areas
appliesToJurisdiction United States government
surface form: United States federal government
containsProvision charitable contribution incentives related to disaster relief
disaster-related casualty loss relief
employee retention tax relief for disaster-affected employers
extension of certain expiring tax credits
extensions of certain business tax provisions
extensions of certain energy-related tax incentives
extensions of certain individual income tax provisions
special rules for use of retirement funds for disaster relief
country United States of America
surface form: United States
effectiveInTaxYear 2020
2021
enactmentDate 2020-12-27
hasPurpose to extend expiring tax provisions
to provide tax relief for individuals and businesses affected by disasters
to provide tax relief related to the COVID-19 pandemic
hasTitle Taxpayer Certainty and Disaster Tax Relief Act of 2020 NERFINISHED
language English
legalForm public law
legislativeBody United States Congress
legislativeChamber United States House of Representatives
United States Senate
partOf Consolidated Appropriations Act, 2021 NERFINISHED
providesReliefFor business taxpayers
individual taxpayers
tax-exempt organizations
regulates business tax incentives
disaster-related tax treatment
federal income tax
shortDescription U.S. federal law extending and modifying various tax provisions and providing disaster and COVID-19 tax relief
signedBy Donald Trump NERFINISHED
signingDate 2020-12-27
subject COVID-19 pandemic
disaster relief
tax policy
yearOfLaw 2020

Referenced by (1)

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Consolidated Appropriations Act, 2021 contains Taxpayer Certainty and Disaster Tax Relief Act of 2020