Protecting Americans from Tax Hikes Act of 2015
E914743
The Protecting Americans from Tax Hikes Act of 2015 is a U.S. federal law that made several key tax breaks permanent or long-term, particularly for families and businesses, while also reforming and extending various tax credits and incentives.
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
United States federal law
ⓘ
tax legislation ⓘ |
| affects |
corporate income tax
ⓘ
education tax benefits ⓘ individual income tax ⓘ low-income working families ⓘ renewable energy incentives ⓘ small business taxation ⓘ |
| alsoKnownAs | PATH Act NERFINISHED ⓘ |
| appliesToTaxYear |
2015
ⓘ
subsequent tax years after 2015 ⓘ |
| containsProvision |
ITIN (Individual Taxpayer Identification Number) integrity rules
ⓘ
anti-fraud measures for refundable credits ⓘ charitable distribution rules for IRAs ⓘ rules on retroactive claims of certain credits ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| enactedBy | 114th United States Congress NERFINISHED ⓘ |
| extended |
Investment Tax Credit for solar energy (phase-down schedule)
ⓘ
New Markets Tax Credit NERFINISHED ⓘ Production Tax Credit for wind energy ⓘ Work Opportunity Tax Credit NERFINISHED ⓘ bonus depreciation ⓘ |
| jurisdiction |
United States government
ⓘ
surface form:
United States federal government
|
| language | English ⓘ |
| legislativeChamber |
United States House of Representatives
ⓘ
United States Senate ⓘ |
| legislativeStatus | enacted ⓘ |
| madePermanent |
American Opportunity Tax Credit
NERFINISHED
ⓘ
Child Tax Credit enhancements ⓘ Earned Income Tax Credit enhancements ⓘ Research and Experimentation Tax Credit NERFINISHED ⓘ Section 179 expensing ⓘ tax-free charitable distributions from IRAs for certain taxpayers ⓘ |
| partOf | Consolidated Appropriations Act, 2016 NERFINISHED ⓘ |
| policyArea |
business incentives
ⓘ
economic policy ⓘ family policy ⓘ renewable energy policy ⓘ tax policy ⓘ |
| publicLawNumber | Public Law 114-113 (Division Q) NERFINISHED ⓘ |
| purpose |
to extend and make permanent certain tax provisions
ⓘ
to provide tax relief for businesses ⓘ to provide tax relief for families ⓘ to reform and extend various tax credits and incentives ⓘ |
| shortName | PATH Act of 2015 NERFINISHED ⓘ |
| signedBy | Barack Obama ⓘ |
| signingDate | 2015-12-18 ⓘ |
| yearEnacted | 2015 ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.