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President signs “phase 2” coronavirus bill, includes tax relief for paid leave (COVID-19)

President signs “phase 2” coronavirus bill

President Trump, yesterday evening, March 18, 2020, signed into law H.R. 6201, the “Families First Coronavirus Response Act”—the so-called “phase 2” coronavirus bill that includes temporary tax credits for certain employers and self-employed individuals for emergency paid leave.


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Thus, the date of enactment of the legislation is March 18, 2020.

Read a KPMG report about the tax provisions in the bill: TaxNewsFlash

What’s next?

Congress and the White House have already begun discussions of further COVID-19-related legislation that could include additional tax provisions.



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