S-2998 : Still Just a Bill


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.

Action Timeline

Action DateTypeTextSource
2019-12-09IntroReferralRead twice and referred to the Committee on Finance.Senate
2019-12-09IntroReferralIntroduced in SenateLibrary of Congress

Policy Area :

Taxation
Related Subjects
  • Income tax credits
  • Income tax deferral
  • Interest, dividends, interest rates
  • Tax administration and collection, taxpayers
  • Taxation of foreign income
Related Geographic Entities
Related Organizations

Related Bills

See Related Bills