COVID-19和第1031条:预期国税局延期救济

Tax eJournal Pub Date : 2020-04-07 DOI:10.2139/ssrn.3571501
Bradley T. Borden
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引用次数: 0

摘要

由于新冠肺炎疫情的影响,在1031号交换中心进行交换的人可能很难完成交换。国税局似乎有权延长第1031条规定的45天和180天的期限,但他们还没有这样做。这篇短文考虑了交易所在等待国税局的延期期间可能会做些什么。COVID-19所引发的问题与导致第1031条最后期限延长的其他联邦宣布的灾害不同(即,COVID-19是全国性问题,而非区域性问题,并且COVID-19不像火灾、飓风、龙卷风、洪水、地震和其他典型自然灾害那样破坏财产)。随附的文件提供了一些关于交易所及其顾问在等待国税局发布与时间段相关的指导意见时可能考虑的想法。更新:2020年4月9日,美国国税局发布了2020-23号通知,延长了截止日期为2020年4月1日至2020年7月15日之间的交易所的第1031节截止日期。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
COVID-19 and Section 1031: Anticipating IRS Extension Relief
Anyone who is in a section 1031 exchange, could have trouble finishing such exchange due to the current situation caused by COVID-19. The IRS appears to have authority to extend the section 1031 45-day and 180-day time periods, but they haven’t done so yet. This short piece considers what exchangers might do while they wait for hoped-for extensions from the IRS. The COVID-19 situation raises issues that differ from other federally declared disasters that have resulted in extensions of the section 1031 deadlines (i.e., COVID-19 is a national, not regional, issue and COVID-19 does not destroy property in the manner that fires, hurricanes, tornadoes, floods, earthquakes, and other typical natural disasters do). The attached paper provides some thoughts regarding what exchangers and their advisors might consider as they wait for the IRS to issue guidance related to the time periods. Update: On April 9, 2020, the IRS published Notice 2020-23, extending the section 1031 deadlines for exchangers whose deadlines expire between April 1, 2020, and July 15, 2020.
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