Strict Liability and Tax Penalties
Article comments
Forthcoming in the Oklahoma Law Review
Abstract
This Article asserts that the current monetary penalty system fails to curb tax dodging because it is a fault-based, negligence style system, and any fault-based system would fail because of systemic features of our federal income tax. This Article proposes a new strict liability style penalty system, tempered by a graduated penalty rate and an exception for any nonfrivolous tax position conspicuously disclosed.Suggested Citation
William A. Drennan. "Strict Liability and Tax Penalties" Oklahoma Law Review (2010).
Available at: http://works.bepress.com/william_drennan/5