Bill Type
Long Title
AN ACT GRANTING A TAX AMNESTY ON UNTAXED INCOME AND/OR WEALTH EARNED OR ACQUIRED PRIOR TO DECEMBER 31, 1997 AND REQUIRING THE FILING OF A SWORN STATEMENT OF ASSETS, LIABILITIES AND NET WORTH AS OF DECEMBER 31, 1997
Date filed
July 31, 1998
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. HB01582 |
| FULL TITLE : AN ACT GRANTING A TAX AMNESTY ON UNTAXED INCOME AND/OR WEALTH EARNED OR ACQUIRED PRIOR TO DECEMBER 31, 1997 AND REQUIRING THE FILING OF A SWORN STATEMENT OF ASSETS, LIABILITIES AND NET WORTH AS OF DECEMBER 31, 1997 |
| ABSTRACT : Instead of penalizing the errant taxpayer, this bill allows this taxpayer to reform by requiring him to make a truthful and faithful disclosure of his untaxed income. |
| PRINCIPAL AUTHOR/S : LIBANAN, MARCELINO C. |
| DATE FILED : 1998-07-31 |
| SIGNIFICANCE: NATIONAL |
| CO-AUTHORS : |
| 1. |
| ADMINISTRATION BILL? No |
| URGENT BILL? No |
| ACTIONS TAKEN BY THE COMMITTEE |
| MOTHER BILL: HB05346 |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 1998-08-06 |
Abstract
Instead of penalizing the errant taxpayer, this bill allows this taxpayer to reform by requiring him to make a truthful and faithful disclosure of his untaxed income.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.