,i #aac? ,,congress #a/ ,session ,h4 ,r4 #ija ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,febru>y #bh1 #bjac ,ms4 ,j5k9s introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,ways & ,means ,a ,,bill ,to am5d ! ,int]nal ,rev5ue ,code ( #aihf to provide = ! logical fl[ ( return in=mation betwe5 p>tn]%ips1 corporations1 tru/s1 e/ates1 & individuals to bett] enable ea* p>ty to submit timely1 accurate returns & r$uce ! ne$ = ext5d$ & am5d$ returns1 to provide = modifi$ due dates by regulation1 & to con=m ! automatic corporate ext5sion p]iod to long/&+ regulatory rule4 #a4 ,%ort title2 ref]5ce 7a7 ,%ort title ,?is ,act may be cit$ z ! ,tax ,return ,due ,date ,simplification & ,mod]nization ,act ( #bjac4 7b7 ,ref]5ce ,except z o!rwise expressly provid$1 :5ev] 9 ?is ,act an am5dm5t or repeal is express$ 9 t]ms ( an am5dm5t to1 or repeal (1 a section or o!r provision1 ! ref]5ce %all be consid]$ to be made to a section or o!r provision ( ! ,int]nal ,rev5ue ,code ( #aihf4 #b4 ,new due date = p>tn]%ip =m #ajfe1 ,s corporation =m #aabjs1 & ,c corporation =m #aabj 7a7 ,p>tn]%ips 7#a7 ,9 g5]al ,section #fjgb is am5d$ by add+ at ! end ! foll[+ new subsection3 7f7 ,returns ( p>tn]%ips ,returns ( p>tn]%ips "u section #fjca made on ! basis ( ! cal5d> ye> %all be fil$ on or be=e ! #ae? day ( ,m>* foll[+ ! close ( ! cal5d> ye>1 & su* returns made on ! basis ( a fiscal ye> %all be fil$ on or be=e ! #ae? day ( ! ?ird mon? foll[+ ! close ( ! fiscal ye>4 4 7#b7 ,con=m+ am5dm5t ,section #fjgb7;a7 is am5d$ by /rik+ #fjag1 or #fjca & ins]t+ or #fjag4 7b7 ,s corporations 7#a7 ,9 g5]al ,s mu* ( subsection 7b7 ( section #fjgb z prec$es ! second s5t5ce !re( is am5d$ to read z foll[s3 7b7 ,returns ( c]ta9 corporations ,returns ( ,s corporations "u sections #fjab & #fjcg made on ! basis ( ! cal5d> ye> %all be fil$ on or be=e ! #ca/ day ( ,m>* foll[+ ! close ( ! cal5d> ye>1 & su* returns made on ! basis ( a fiscal ye> %all be fil$ on or be=e ! la/ day ( ! ?ird mon? foll[+ ! close ( ! fiscal ye>4 4 7#b7 ,con=m+ am5dm5ts 7,a7 ,section #acfb7;b7 is am5d$-- 7i7 by /rik+ #ae? ea* place x appe>s & ins]t+ la/1 7ii7 by /rik+ #b ea* place x appe>s & ins]t+ #c1 & 7iii7 by /rik+ #b mon?s & #ae days 9 p>agraph 7#d7 & ins]t+ #c mon?s4 7,b7 ,section #acfb7;d77#a77;,c77i7 is am5d$ by /rik+ #ae? & ins]t+ la/4 7,c7 ,section #acfb7;d77#a77;,c77ii7 is am5d$ by /rik+ su* #ae? day & ins]t+ ! la/ day ( ! #c;d mon? !re(4 7c7 ,con=m+ am5dm5ts relat+ to c corporations 7#a7 ,section #agj7;a77#b77;,b7 is am5d$ by /rik+ ?ird mon? & ins]t+ #d? mon?4 7#b7 ,section #efc is am5d$ by /rik+ ?ird mon? ea* place x appe>s & ins]t+ #d? mon?4 7#c7 ,section #aced7;d77#a77;,b77i7 is am5d$ by /rik+ #c;d mon? & ins]t+ #d? mon?4 7#d7 ,subsection 7a7 & 7c7 ( section #fafg are ea* am5d$ by /rik+ ?ird mon? & ins]t+ #d? mon?4 7#e7 ,section #fdbe7;a77#a7 is am5d$ by /rik+ ?ird mon? & ins]t+ #d? mon?4 7#f7 ,subsections 7b77#b77;,a71 7g77#c71 & 7h77#a7 ( section #ffee are ea* am5d$ by /rik+ #crd mon? & ins]t+ #d? mon?4 7d7 ,effective date ,! am5dm5ts made by ?is section %all apply to returns = taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjac4 #c4 ,modification ( due dates by regulation ,9 ! case ( returns = taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjac1 ! ,secret>y ( ! ,treasury or ! ,secret>y's delegate %all modify appropriate regulations to provide z foll[s3 7#a7 ,! maximum ext5sion = ! returns ( p>tn]%ips fil+ ,=m #ajfe %all be a #f-mon? p]iod end+ aft] ! date prescrib$ = fil+ ! return4 7#b7 ,! maximum ext5sion = ! returns ( tru/s & e/ates fil+ ,=m #ajda %all be a #e-mon? p]iod end+ aft] ! date prescrib$ = fil+ ! return4 7#c7 ,! maximum ext5sion = ! returns ( employee b5efit plans fil+ ,=m #eejj %all be an automatic #c-mon? p]iod end+ aft] ! date prescrib$ = fil+ ! return4 7#d7 ,! maximum ext5sion = ! ,=ms #iij 7s]ies7 returns ( organizations exempt f income tax fil+ %all be an automatic #f-mon? p]iod end+ aft] ! date prescrib$ = fil+ ! return4 7#e7 ,! maximum ext5sion = ! returns ( organizations exempt f income tax fil+ t are requir$ to file ,=m #dgbj returns ( excise taxes %all be an automatic #f-mon? p]iod end+ aft] ! date prescrib$ = fil+ ! return4 7#f7 ,! maximum ext5sion = ! returns ( tru/s requir$ to file ,=m #ebbg %all be an automatic #f-mon? p]iod end+ aft] ! date prescrib$ = fil+ ! return4 7#g7 ,! maximum ext5sion = ! returns ( ,black ,lung ,b5efit ,tru/s requir$ to file ,=m #fjfi = excise taxes %all be an automatic #f- mon? p]iod end+ aft] ! date prescrib$ = fil+ ! return4 7#h7 ,! maximum ext5sion = a taxpay] requir$ to file ,=m #hhgj %all be an automatic #f-mon? p]iod end+ aft] ! date prescrib$ = fil+ ! return4 7#i7 ,! due date ( ,=m #cebj-;,a1 ,annual ,in=mation ,return ( a ,=eign ,tru/ ) a ,u4,s4 ,own]1 %all be ! #ae? day ( ! f\r? mon? aft] ! close ( ! tru/'s tax ye> ) a maximum ext5sion ( a #f-mon? p]iod end+ aft] ! date prescrib$ = fil+ ! return4 7#aj7 ,! due date ( ,=m ,,td ,f #ij-bb4a 7relat+ to ,report ( ,=eign ,bank & ,f9ancial ,acc\nts7 %all be ,april #ae ) a maximum ext5sion = a #f-mon? p]iod end+ on ,octob] #ae & ) provision = an ext5sion "u rules simil> to ! rules 9 ,treas4 ,reg4 section #a4fjha-e4 ,= any taxpay] requir$ to file su* ,=m = ! fir/ "t1 any p5alty = failure to timely reque/ =1 or file1 an ext5sion1 may be waiv$ by ! ,secret>y4 7#aa7 ,taxpay]s fil+ ,=m #cebj1 ,annual ,return to ,report ,transactions ) ,=eign ,tru/s & ,receipt ( ,c]ta9 ,=eign ,gifts1 %all be all[$ to ext5d ,=m #cebj sep>ately f ! income tax return ( ! own] = an automatic #f-mon? p]iod end+ aft] ! date prescrib$ = fil+ ! own]'s return4 #d4 ,corporations p]mitt$ /atutory automatic #f-mon? ext5sion ( income tax returns 7a7 ,9 g5]al ,section #fjha7;b7 is am5d$ by /rik+ #c mon?s & ins]t+ #f mon?s4 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to returns = taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjac4