H.R. 3664 · 110th Congress
Tax Free Tips Act of 2007
- Stage
- In committee
- Sponsor
- Ron Paul
- Introduced
- 2007-09-25
- Latest action
- 2007-09-25 · Introduced in House
Summary
Tax Free Tips Act of 2007 - Amends the Internal Revenue Code to exempt tips from the income tax, social security and railroad retirement taxes, unemployment taxes, and tax withholding. Defines "tips" as any gratuity provided to a salaried employee by a customer or client of the employer's business.