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14. TAX EXPENDITURES The Congressional Budget Act of 1974 (Public Law 93 344) requires that a list of tax expenditures be included in the budget. Tax expenditures are defined in the law as revenue
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What is tax expenditures form congressional?
Tax expenditures form congressional is a document used to report and disclose tax breaks, credits, deductions, and other tax benefits provided to individuals and businesses by the government.
Who is required to file tax expenditures form congressional?
Federal agencies, departments, and entities that administer tax laws are required to file tax expenditures form congressional.
How to fill out tax expenditures form congressional?
Tax expenditures form congressional can be filled out electronically or by mail following the instructions provided by the legislative and budget authorities.
What is the purpose of tax expenditures form congressional?
The purpose of tax expenditures form congressional is to increase transparency and accountability regarding the costs of tax expenditures and their impact on government revenues.
What information must be reported on tax expenditures form congressional?
Tax expenditures form congressional must include details on the type of tax benefit, the estimated cost to the government, and the intended beneficiaries.
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