The Statutory Authorization for President Trump's Memorandum Deferring Payroll Tax Obligations

26 U.S.C. 7508A gives the Secretary the authority to "specify a period of up to 1 year that may be disregarded in determining, under the internal revenue laws, in respect of any tax liability of such taxpayer" whether the "Payment of any income, estate, gift, employment, or excise tax or any installment thereof or of any other liability to the United States in respect thereof" was "performed within the time prescribed therefor . . . of such disaster or action."

|The Volokh Conspiracy |

More

And get unlimited access to everything at reason.com.