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It would include amnesty from criminal and civil penalties and from 50% of any interest penalty owed. It would, however, apply only to legal-source income. Taxes due on income resulting from criminal activity would not be covered by the amnesty. All federal...

1985 Miscellaneous Tax Bills: Hearing Before the Subcommittee on Taxation ... - Page 69
by United States. Congress. Senate. Committee on Finance. Subcommittee on Taxation and Debt Management - 1985
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The Feasibility and Revenue Impact of a Federal Tax Amnesty Program: Hearing ...

United States. Congress. House. Committee on Government Operations. Commerce, Consumer, and Monetary Affairs Subcommittee - Internal revenue - 1991 - 238 pages

...THE AMNESTY ITSELF WOULD BE SIMPLE AND STRAIGHTFORWARD. IT WOULD INCLUDE AMNESTY FROM CRIMINAL AMD CIVIL PENALTIES AND FROM 50% OF ANY INTEREST PENALTY...AMNESTY, NOT JUST THE INCOME TAX. THE AMNESTY PROVISIONS ARK GENEROUS AND PROVIDE A SUBSTANTIAL INCENTIVE FOR TAXPAYERS TO TAKE ADVANTAGE OF THE AMNESTY PERIOD....

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