HR 5630
112th Congress
House
Taxation
Fraud offenses and financial crimes
Tax administration and collection, taxpayers
Fighting Tax Fraud Act of 2012
Introduced: May 8, 2012
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 14, 2012
Referred to the Subcommittee on Trade.
May 8, 2012
Referred to the House Committee on Ways and Means.
May 8, 2012
Introduced in House
Plain-English summary
Fighting Tax Fraud Act of 2012 - Amends the Internal Revenue Code to impose an increased penalty on a tax return preparer who engages in fraudulent conduct by: (1) willfully modifying any tax return or claim for refund which creates an understatement of tax liability after such return or claim has been signed by the taxpayer, and (2) willfully attempting to intercept the proceeds of such modified refund or claim. Establishes the penalty amount at the greater of $5,000 or the amount of the understated tax liability.
What's happening now
Referred to the Subcommittee on Trade.
Committees of jurisdiction
2
Cosponsors
1