Increased Penalties for Unauthorized Tax Data Disclosure and Easier Removals.
This act increases financial penalties for unauthorized disclosure of tax information by government employees and tax preparers. It also makes it easier to remove employees who commit such violations. The goal is to better protect citizens' financial privacy.
Key points
Penalties for unauthorized disclosure of tax information will increase from $5,000 to $250,000.
Penalties for tax preparers disclosing information will increase from $1,000 to $250,000.
Government employees disclosing tax data can be more easily removed from service.
Status:
Expired
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