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S. 2998

Tax Payment Clarification Act

Tax Payment Clarification Act

This bill amends the Internal Revenue Code to provide that installment payment of taxes on deferred foreign income shall not prevent a credit or refund of overpayments of tax or an increase in estimated taxes.

Read twice and referred to the Committee on Finance.

Sen. Braun, Mike [R-IN](R-IN)Sponsor
4 cosponsors1 D3 R
4cosponsors1committees2actions1related bills5subjects
  1. IntroReferral

    Read twice and referred to the Committee on Finance.

    Finance Committee
  2. IntroReferral10000

    Introduced in Senate

Tax Payment Clarification Act — Informed