Prohibits the President and related persons from entering into agreements that release tax claims and mandates reporting on such agreements.
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 that release tax claims. It also mandates that the Secretary of the Treasury submit reports to Congress and make them publicly available, disclosing the identity of taxpayers affected by such agreements and actions taken to comply with the requirements of this Act. The Act applies to agreements made after January 20, 2025, and before the enactment of this Act.
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