News

7 readers

7 users here now

Breaking news and current events worldwide.

founded 1 year ago

Congressional Report Finds Meta and Tax Prep Companies “Recklessly” Shared Taxpayers’ Data – The Markup (themarkup.org)

submitted 1 year ago by kjr@kbin.social to c/news@kbin.social

3 comments fedilink hide all child comments

The investigation was opened in response to work published last year by The Markup

you are viewing a single comment's thread
view the rest of the comments

[–] xuxebiko@kbin.social 2 points 1 year ago

Tax data is tightly regulated, with penalties for improper sharing including fines and jail time. The report found the companies involved likely didn’t receive proper consent to share the data and could face criminal penalties.

Jail time for the heads of Meta/Facebook, Google, H&R Block, TaxAct, and TaxSlayer?! No chance. All corporates involved will, at most, get a 'tsk,tsk' and a fine they'll earn back in an hour.