States provide sales and use tax relief to help mitigate COVID-19 impact

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March 2020

Overview

As businesses continue to grapple with the challenges related to COVID-19, many states are providing tax relief in the form of filing and payment deadline extensions. While many are mirroring federal relief for income tax filings, some states have extended relief to sales and use taxes. This provides an opportunity to improve cash flow and help mitigate the immediate economic impact of COVID-19 on businesses.

Note: This document summarizes certain sales and use tax relief provided by states; however, it is not intended to address every indirect tax relief measure relating to COVID-19. This document should not be a replacement for independent tax research. This content is for general information purposes only and should not be used as a substitute for consultation with professional advisors.

The takeaway

Businesses are being challenged by unexpected demands from the economic impact of COVID-19. Relief from indirect tax filing and payment deadlines may help companies meet these and future challenges in this fast-changing business environment. Businesses should continue to monitor legislative and regulatory developments in the states impacting indirect tax compliance.

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Peter Michalowski

State and Local Tax Leader, PwC US

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