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Taxation & Estate Planning

: TaxProf Blog

Obama's Budget Would Increase Penalties Five-Fold on Tax Protesters

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Government Bytes (Official Blog of the National Taxpayers), Raising the Penalty for Tax Protesters/Deniers: Under current law, the willful failure to pay taxes is a misdemeanor. You could go to jail for up to a year and pay a maximum fine of $25K (for individuals, $100K for corporations) for each...

Full post as published by TaxProf Blog on February 05, 2010 (boomark / email).

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