Tax amnesty (financial markets) (Fr. Amnistie fiscale, Ro. Amnistie fiscală, Gr. φοροαπαλλαγή)  = a time limited measure adopted by the national governments and implemented by the National Tax Authorities through which (some or a specific category) of tax payers are exempted from their fiscal obligations without facing criminal prosecution for tax fraud or tax evasion. Additionally, in such a case will be no tax liability. In most of the cases, each state adopts a special legal act in order to enforce this measure. Such an act can be addressed only to one specific tax payer or to a category.

Tax amnesty usually waives taxpayers’ tax liability and is one of the voluntary compliance strategies used by national governments to increase tax base and tax revenues.

Useful links

Legislation - Bill regarding the fiscal amnesty for civil servants in Romania [Romanian] - Law No. 6736 for Restructuring of public receivables and Tax Amnesty in Turkey [English] - Laws about tax amnesty in France [English]

Organisations and associations - Romanian Tax Authority – DG Tax and Customs European Commission - Internal Revenue Service of USA - Tax Authority from UK - Organisation for Economic Cooperation and Development Tax Department

Case law - Case C-417/10, ECJ, Ministero dell'Economia e delle Finanze et Agenzia delle Entrate v. 3M Italia SpA. [Preliminary question] [French] - Decision from 20th of June 2013 of the Illinois Supreme Court, Case Metropolitan Life Insurance Co. V. Hammer [English] - Case C-132/06, ECJ, Commission v Italy [English] – Opinion of the Advocate General in Case C-546/14, ECJ, Degano Trasporti S.a.s. di Ferrucio Degano & C., in liquidation [English] – Opinion of the Advocate General in Joined Cases C-20/15 P and C-21/15 P, ECJ, European Commission v World Duty Free Group, formerly Autogrill España SA (C 20/15 P), Banco Santander SA, Santusa Holding SL (C 21/15 P) [English]

Online publications - Buckwalter N., Sharp N., Wilde J., Wood D., 2014, Are State Tax Amnesty Programs Associated with Financial Reporting Irregularities?, Public Finance Review [English] - Dubin, J., Graetz, M., Wilde L., 1992, State Income Tax Amnesties: Causes, The Quarterly Journal of Economics [English] - Mouloud M., 2014, The Tax Amnesty Program as Tool to Adjust the Shadow Economy: the International Experiences, Global Advance Research Journals, [English]  - Ross J., Buckwalter N., 2013, Strategic Tax Planning for State Tax Amnesties: Evidence from Eligibility. Period Restrictions, Public Finance Review [English] - Soepriyanto G., 2016, The benefits of Tax Amnesty, The Jakarta Post [English]



Codes, Joseph; Ebel, Robert; Gravelle, Jane; The Encyclopedia of Taxation&Tax Policy, 2nd ed., Washington, DC, USA; The Urban Institute Press [English]

Le Borgne, Eric; Baer, Katherine; 2008, Tax Amnesties: Theory, Trends and some alternatives, Washinton, DC, USA; International Monetary Fund [English]

Luitel, Hari; 2014, Is Tax Amnesty a good policy? Evidence from State Tax Amnesty Programs in the United States, London, UK, Lexington Books, [English]

Mendel, Jonathan; Bevacqua, 2010; John; International Tax Administration: Building Bridges, Sydney, Australia; CCH Autralia Limited [English]

Torgler, Benno; 2007; Tax Compliance and Tax Morale: A Theoretical and Empirical Analysis, Cheltenham, UK, Edward Elgar Publishing Limited [English]


By Daniela Ghicajanu