Recently Expired Charitable Tax Provisions ('Tax Extenders'): In Brief (CRS Report for Congress)
| Release Date |
Revised Jan. 15, 2016 |
| Report Number |
R43517 |
| Report Type |
Report |
| Authors |
Jane G. Gravelle, Senior Specialist in Economic Policy; Molly F. Sherlock, Coordinator of Division Research and Specialist |
| Source Agency |
Congressional Research Service |
| Older Revisions |
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Summary:
The Protecting Americans from Tax Hikes Act of 2015, enacted as Division Q in the Consolidated Appropriations Act, 2016 (P.L. 114-113), made permanent several temporary charitable tax provisions. Previously, these charitable tax provisions had been a part of the “tax extenders.” Most recently before P.L. 114-113, “tax extenders” were extended in The Tax Increase Prevention Act of 2014 (P.L. 113-295). Under P.L. 113-295, provisions that had expired at the end of 2013 were extended, for one year, through 2014. This report briefly summarizes the temporary charitable tax provisions that were made permanent in P.L. 114-113. The report also discusses the economic impact of these charitable tax provisions.
