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Revised New York Criminal Tax Statutes
Tax professionals preparing 2009 New York State corporate, income, employment and sales tax returns should be alert to statutory changes which create new tax offenses and which impose stricter criminal penalties for existing offenses. In some cases, tax professionals may be prosecuted under an accomplice theory for aiding or abetting dishonest taxpayers. This memorandum summarizes the new legislation, whose objective is to improve tax compliance and prevent tax evasion by drastically increasing penalties for serious acts of tax evasion and tax fraud. For more information about the new statute, and for legal guidance, please contact this office. Continue reading
Posted in Criminal Penalties, NYS Dept. of Tax'n & Finance, Penalties
Tagged aggregation, excise or withholding tax, failing to pay a tax due, Felony tax fraud classifications, Issuing false exemption certificates, new york criminal tax, subpoenas, tax fraud, tax preparers, Willful Failure to File, Willfully engaging in scheme to defraud, Willfully failing to collect sales, Willfully filing a false return
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