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United States · Bill · HR

H.R. 4172 (111th)

To provide the same penalty rate for taxpayers who voluntarily disclose unreported income from offshore accounts as was afforded Timothy Geithner with respect to his failure to pay self-employment taxes with respect to his compensation from the International Monetary Fund.

referredUnited States· United States Congress· EN

Introduced

2 December 2009

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

2 January 2025

Summary

Requires the penalty for taxpayers who voluntarily disclose unreported income from offshore bank accounts to be equal to the penalty imposed upon Timothy Geithner, the Secretary of the Treasury, for his failure to pay self-employment taxes on his compensation from the International Monetary Fund.

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Documents

3 official files

Introduced in House (text)

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