Federal Receivership Fairness Act amends the Internal Revenue Code to establish rules for tax determination in receivership cases.

The Federal Receivership Fairness Act amends the Internal Revenue Code to provide rules for determining federal tax liability in receivership cases. It allows courts to determine federal tax amounts, fines, penalties, and additions to tax in receivership proceedings. The act specifies that the United States District Court for the district where the receivership proceeding is pending will adjudicate federal tax determinations, not state courts.

Federal Receivership Fairness Act amends the Internal Revenue Code to establish rules for tax determination in receivership cases.

The Federal Receivership Fairness Act amends the Internal Revenue Code to provide rules for determining federal tax liability in receivership cases. It allows courts to determine federal tax amounts, fines, penalties, and additions to tax in receivership proceedings. The act specifies that the United States District Court for the district where the receivership proceeding is pending will adjudicate federal tax determinations, not state courts.