Harsher Penalties for Illegal Disclosure of Taxpayer Information.
This law significantly increases fines and prison sentences for individuals who illegally disclose citizens' private tax information. The goal is to enhance the security and protection of sensitive financial data held by the tax administration. These changes aim to deter violations of taxpayer privacy, leading to greater confidence in the system.
Key points
Fines for illegal disclosure of tax data increase from a maximum of $5,000 to a minimum of $5,000 and a maximum of $10,000.
The maximum prison sentence for this offense is doubled from 5 years to 10 years.
Penalties are applied per person whose information was disclosed, drastically increasing potential liability.
Status:
Expired
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