On 16 April 2020, the United States (US) Internal Revenue Service (IRS) announced further details regarding the temporary procedures allowing corporate taxpayers to file eligible Forms 1139 by fax. The new fax procedures went into effect on 17 April 2020 and will be available until further notice.Only those Forms 1139 claiming refunds under the net operating loss (NOL) carryback and alternative minimum tax (AMT) credit acceleration provisions of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) are eligible to file by fax. All other Forms 1139 (as well as all Forms 4466 and 1120X) must be filed using normal filing procedures. The...