Hawaii Poised To Enact Tax Whistleblower Statute

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The Hawaii State Legislature is poised to enact a tax whistleblower reward statute modeled upon 26 U.S.C. 7623. Whistleblowers reporting tax wrongdoing can potentially receive up to 30% of the tax, penatly, interest, and additions to tax actually collected, depending on various criteria.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Richard Paul McClellan III, Richard Paul McClellan III Lawyer | Attorney Advertising

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