Sec. 70101. Extension and enhancement of reduced rates
Official source: Public Law 119-21, Section 70101 — 139 Stat. 158.
(a) In General.—
Section 1(j) is amended—
(1) in paragraph (1), by striking “
, and before January 1, 2026
”, and
(2) by striking “
2018 Through 2025
” in the heading and inserting “
Beginning After 2017
”.
(b) Inflation Adjustment.—
Section 1(j)(3)(B)(i) is amended by inserting “
solely for purposes of determining the dollar amounts at which any rate bracket higher than 12 percent ends and at which any rate bracket higher than 22 percent begins,
” before “
subsection (f)(3)
”.
(c) Effective Date.—
The amendments made by this section shall apply to taxable years beginning after December 31, 2025.