Senators Coons, Rounds Introduce Legislation to Prevent American Hostages and Wrongful Detainees From Incurring Tax Penalties
May 18, 2023
May 18, 2023
WASHINGTON, May 18 -- Sen. Christopher Coons, D-Delaware, issued the following news release on May 18, 2023:
U.S. Senators Chris Coons (D-Del.) and Mike Rounds (R-S.D.) introduced the Stop Tax Penalties on American Hostages Act today to prevent the Internal Revenue Service (IRS) from levying fines and penalties on American hostages and wrongful detainees for late tax payments while they are held abroad. This bill was previously introduced in December 2022 in the 117th Congress.
U.S. Senators Chris Coons (D-Del.) and Mike Rounds (R-S.D.) introduced the Stop Tax Penalties on American Hostages Act today to prevent the Internal Revenue Service (IRS) from levying fines and penalties on American hostages and wrongful detainees for late tax payments while they are held abroad. This bill was previously introduced in December 2022 in the 117th Congress.