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United States · Bill · HR

H.R. 2047 (102nd)

To amend the Internal Revenue Code of 1986 to provide for the abatement or waiver of interest on certain tax deficiencies.

referredUnited States· United States Congress· EN

Introduced

24 April 1991

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

7 February 2024

Summary

Amends the Internal Revenue Code to require the Secretary of the Treasury to abate any interest attributable to erroneous advice of the Internal Revenue Service. Requires the Secretary to waive interest on underpayment, nonpayment, or extensions of time for payment, of tax to the extent that the imposition of such interest would be against equity and good conscience.

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Documents

2 official files

Introduced in House (text)

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Sources

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