Installment Tax Correction Act of 2000

Law Tax & Compliance Law

Date: 23rd Nov, 2024 Source: Congress.gov Country: USA Original Source

Brief

'The Installment Tax Correction Act of 2000 was enacted on December 28, 2000, to repeal a modification of the installment method made in the Ticket to Work and Work Incentives Improvement Act of 1999. This act effectively restores the original rules for the installment method, as if the modifying section had not been enacted. The law aims to correct a tax-related provision that was deemed outdated or unnecessary.'

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