Prohibits orders or agreements affecting tax claims by the President and related persons.
The Presidential Tax Accountability and Audit Integrity Act amends the Internal Revenue Code to prohibit the President and related persons from entering into, granting, or making any agreements, orders, waivers, releases, or similar instruments affecting federal tax matters. The bill also mandates reporting requirements for such instruments and extends the period for assessing taxes or collecting them in court for affected taxpayers.
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