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Text of IRS Notice 2018-100: Relief from Additions to Tax for Underpayment of Estimated Income Tax for Tax-Exempt Organizations That Provide Certain Qualified Transportation Fringes (PDF)
Internal Revenue Service [IRS] Link to more items from this source
[Official Guidance]
Dec. 10, 2018
"This notice provides certain tax-exempt organizations a waiver of the addition to tax under section 6655 of the Internal Revenue Code for underpayment of estimated income tax payments required to be made on or before December 17, 2018, to the extent the underpayment of estimated income tax results from the changes to the tax treatment of qualified transportation fringes ... This relief applies to a tax-exempt organization that [1] provides qualified transportation fringes (as defined in section 132(f)) to an employee for which estimated income tax payments ... would otherwise be required to be made on or before December 17, 2018, and [2] was not required to file a Form 990-T, Exempt Organization Business Income Tax Return, for the taxable year preceding the organization's first taxable year ending after December 31, 2017. This relief is limited to tax-exempt organizations that timely file Form 990-T and timely pay the amount reported for the taxable year for which relief is granted."

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