this post was submitted on 30 Aug 2024
0 points (50.0% liked)

US Law (local/state/federal)

46 readers
1 users here now

This is the only decentralized venue for chatter about law in the US. Federal law and law of various states and territories is on topic here.

Loosely related:

founded 3 months ago
MODERATORS
 

Some tax forms ask information that seems to have no effect on the bottom line. No matter how you answer the question, your tax bill is the same either way. In Europe, this sort of thing would violate the data minimization principle of the GDPR. So the question is, what happens to people who either leave the intrusive fields blank, or they give bogus info? I’ve heard that tax penalties are generally a constant × the amount of underpayment. If underpayment is zero then so is the penalty, correct?

no comments (yet)
sorted by: hot top controversial new old
there doesn't seem to be anything here