IRS names countries eligible for waiver of residency rules


The IRS has released a list of countries for which the existence
of adverse conditions during specified periods may excuse failure
by a taxpayer to meet the foreign presence or residency requirements
of Code Sec. 911(d)(1) for tax year 2014. An individual who left one
of the countries listed on or after the specified departure date will
be treated as a qualified individual for purposes of the foreign earned
income and housing cost exclusions if the individual can establish
that, but for those adverse conditions, he or she could reasonably
have been expected to meet the eligibility requirements. Those countries

Libya, for departures on or after July 26, 2014.
Yemen, for departures on or after September 24, 2014.
(Rev. Proc. 2015-25, IRB 2015-14, April 6, 2015.)

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