Big Win for Whistleblowers In Bipartisan Budget Act. Exposing Misconduct.

Big Win for Whistleblowers In Bipartisan Budget Act

February 9, 2018

The Bipartisan Budget Act of 2018, approved today by the U.S. Congress, included two key whistleblower-rights amendments initially introduced by Senator Charles Grassley (R-IA). These amendments ensure that employees who blow the whistle on criminal tax fraudsters are covered under the IRS whistleblower law, and end the double-taxation of whistleblower awards under the Dodd-Frank Act.

These amendments fixed devastating loopholes in two major anti-fraud corporate whistleblower laws. The criminal loophole in the tax law would have disqualified most whistleblowers who reported illegal offshore tax-avoidance schemes. The Grassley amendment completely eviscerated that loophole, permitting employees who risk their careers to disclose criminal tax frauds to obtain an award under the law.

Read more here.
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