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Saturday, October 12, 2024

U.S. Hostages Still Owe Taxes. Congress Might Not Help

Lawmakers agree that a fix is needed, but the House and Senate disagree over a separate provision involving nonprofit groups.

Members of Congress agree they must change the law so that Americans held hostage or wrongfully detained by terrorist groups or foreign governments don’t owe penalties for failing to pay taxes while they’re captive. But their attempt to address that problem is stuck in a fight over other legislation.

The Senate in May unanimously passed a measure that would prevent the Internal Revenue Service from assessing penalties to freed hostages who didn’t file or pay taxes during their ordeal. On Wednesday, the House Ways and Means Committee unanimously advanced similar legislation.

But the House committee packaged the hostage tax bill with a measure that would make it easier for the government to strip tax-exempt status from nonprofit groups over allegations of support for terrorism.

Read the rest of the story at The Washington Post.

Homeland Security Today
Homeland Security Todayhttp://www.hstoday.us
The Government Technology & Services Coalition's Homeland Security Today (HSToday) is the premier news and information resource for the homeland security community, dedicated to elevating the discussions and insights that can support a safe and secure nation. A non-profit magazine and media platform, HSToday provides readers with the whole story, placing facts and comments in context to inform debate and drive realistic solutions to some of the nation’s most vexing security challenges.

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