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Introduction of the US Recovery Rebate Tax Credit

Submitted by Sestini & Co | on Sat, 03/28/2020 - 12:34 | In international tax, non-dom, Tax planning and pensions

On 27th March 2020, the US agreed a package of measures designed to help mitigate the impact of the Covid-19 pandemic. Named the Coronavirus Aid, Relief, and Economic Security (CARES) Act, it provides for direct payments to individuals and small businesses.

Tags: CARES Act, coronavirus, Covid-19, Recovery Rebate Tax Credit, Tax credit, US tax