A bill to amend the Internal Revenue Code of 1954 to apply the civil fraud penalty only to that portion of an underpayment which is attributable to fraud.

openUnited States· United States Congress· EN

Introduced

3 August 1981

Last action

—

Status

Subcommittee on Taxation and Debt Management. Hearings held.

Summary

Amends the Internal Revenue Code to base the civil penalty for fraud on only the portion of the underpayment which is due to fraud rather than on the entire underpayment.

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Votes

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Versions

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Documents

1 official file

Introduced in Senate
summary · EN · 3 August 1981
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/97th-congress/senate-bill/1594
Open data entity: https://api.congress.gov/v3/bill/97/s/1594