50 U.S.C. § 4000 — Income taxes
submitted 86 years ago by Pub. L. 108-189 to r/title-50-WAR-AND-NATIONAL-DEFENSE · 173 words · no verdicts yet
A servicemember whose military service materially affects the ability to pay may defer certain income-tax collection for up to 180 days after service ends. Interest and penalties do not accrue during the deferment, and the collection deadline pauses for service plus 270 days.
(a) Deferral of tax. After notice to the Internal Revenue Service, or to a State* or local tax authority, collection of income tax due before or during military service* must be deferred for no more than 180 days after the servicemember’s service ends or release, if military service materially affects the servicemember’s ability to pay.
(b) Accrual of interest or penalty. No interest or penalty accrues during the deferment because of nonpayment of tax deferred under this section.
(c) Statute of limitations. The time limit for collecting deferred tax, by seizure or otherwise, is suspended during the servicemember’s military service and for 270 additional days.
(d) Application limitation. This section does not apply to the tax imposed on employees by 26 U.S.C. § 3101.
Upon notice to the Internal Revenue Service or the tax authority of a State* or a political subdivision of a State, the collection of income tax on the income of a servicemember* falling due before or during military service* shall be deferred for a period not more than 180 days after termination of or release from military service, if a servicemember’s ability to pay such income tax is materially affected by military service.
No interest or penalty shall accrue for the period of deferment by reason of nonpayment on any amount of tax deferred under this section.
The running of a statute of limitations against the collection of tax deferred under this section, by seizure or otherwise, shall be suspended for the period of military service* of the servicemember and for an additional period of 270 days thereafter.
This section shall not apply to the tax imposed on employees by section 3101 of title 26.
Source credit: (Oct. 17, 1940, ch. 888, title V, § 510, as added Pub. L. 108–189, § 1, Dec. 19, 2003, 117 Stat. 2858.)
- 1940Enacted · Pub. L. 108-189 · 117 Stat. 2858
A history note hasn’t been published yet. The record shows enactment by Pub. L. 108-189 on 1940-10-17.
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