This bill would provide tax relief to United States citizens and nationals who have been unlawfully detained, wrongfully imprisoned, or held hostage abroad. The legislation automatically postpones tax filing deadlines and suspends the accrual of interest and penalties for these individuals during their period of detention or captivity, and also applies the same protections to their spouses. The bill additionally creates a program requiring the Treasury Department to refund or abate any tax penalties, fines, and interest that eligible hostages and detainees may have already paid between January 1, 2021, and the date the law is enacted, with the State Department and Attorney General required to identify and notify affected individuals by January 1, 2027. The Treasury Department must establish systems to implement these provisions and provide notice to eligible individuals within 90 days of their release so they can apply for refunds or penalty abatement.
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