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 THE STATEMENT OF ASSETS, LIABILITIES AND NET WORTH AS OF DECEMBER 31, 1997
Congress Author
Date filed
August 14, 1998
Scope
Urgent Bill
No

Legislative History

House Bill/Resolution NO. HB02290
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 THE STATEMENT OF ASSETS, LIABILITIES AND NET WORTH AS OF DECEMBER 31, 1997
ABSTRACT : Envisions an honest to goodness tax amnesty whereby all persons concerned shall be afforded a last opportunity to come up with a clean slate by making a true and faithful return of their declared income and/or wealth and the filing of a Statement ofAssets and Liabilities as of December 31, 1997, and paying the prescribed amnesty tax in order to be accorded the full benefits of the amnesty law.
PRINCIPAL AUTHOR/S : ANTONINO, LUWALHATI R.
DATE FILED : 1998-08-14
SIGNIFICANCE: NATIONAL
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 1998-08-24

Abstract

Envisions an honest to goodness tax amnesty whereby all persons concerned shall be afforded a last opportunity to come up with a clean slate by making a true and faithful return of their declared income and/or wealth and the filing of a Statement ofAssets and Liabilities as of December 31, 1997, and paying the prescribed amnesty tax in order to be accorded the full benefits of the amnesty law.

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Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.