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Known as P.L. 111-312 (124 Stat. 3296), this Act was signed by President Obama on December 17, 2010 and retroactively reinstated the estate tax, or if elected by an estate to the contary, provided for a "zero estate tax" but imposed the carryover basis rules previously enacted under EGTRRA. In addition, the Act delayed for two years the scheduled sunset to many income tax provisions under EGTRRA and JGTRRA (frequently known as the "Bush tax cuts"), postponing the scheduled higher income taxes enacted during the Clinton administration.

Synonyms: TRA 2010, TRA of 2010, TRUIRJCA, 2010 TRA
Synonyms list (a comma-separated list)
TRA 2010, TRA of 2010, TRUIRJCA, 2010 TRA