Page 2 - Program Improvement Act News Today

The importance of whistleblowers was highlighted again recently in South Africa. In one of the reports released by Judge Raymond Zondo, who has headed up a commission of inquiry into State capture, he recommended that whistleblowers should be protected. He also recommended that they should be given an incentive to make disclosures – a monetary reward based on a percentage of the proceeds recovered on the strength of such information. Academics, myself among them, have called for similar tr...

South Africa should start offering whistleblowers monetary compensation in cases where they help identify tax evaders.

REGISTER NOW Sen. Chuck Grassley, R-Iowa, and Ron Wyden, D-Oregon, who chairs the Senate Finance Committee, introduced a bipartisan bill Tuesday to beef up the Internal Revenue Service’s whistleblower program and protect tax tipsters. The IRS Whistleblower Program Improvement Act includes seven measures to bolster the already successful program, which has brought in over $6 billion from individuals and businesses that were trying to avoid taxes. The bill would provide for “de novo” revi...