A bill to amend the Internal Revenue Code of 1954 to suspend the imposition of interest on underpayments of tax resulting from erroneous advice given in writing by the Internal Revenue Service.

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to exempt taxpayers from the payment of interest on tax deficiencies attributable to erroneous advice obtained in writing from an Internal Revenue Service officer or employee acting in his official capacity.…