(a) Imposition of Penalty. If any person who is engaged in the business of preparing, or providing services in connection with the preparation of, returns of tax administered under this chapter, or when any person who, for compensation prepares any such return for any other person, and who:
(1) Discloses any information furnished to him or her for, or in connection with, the preparation of any such return; or
(2) Uses any such information for any purpose other than to prepare, or assist in preparing, any such return,
shall pay a penalty of two hundred fifty dollars ($250) for each such disclosure or use, but the total amount imposed under this subsection on such a person for any calender year shall not exceed ten thousand dollars ($10,000).
(b) Subsection (a) of this section shall not apply to a disclosure of information if such disclosure is made either:
(1) Pursuant to any other provision of this subchapter;
(2) Pursuant to an order of a court; or
(3) For quality or peer reviews, which are conducted under the auspices of the American Institute of Certified Public Accountants or the Securities and Exchange Commission.
(c) Subsection (a) of this section shall be in addition to the provisions of ยง 26-18-303.
Section: Previous 26-18-802 26-18-803 26-18-804 26-18-805 26-18-806 26-18-807 26-18-808 26-18-809 26-18-810 26-18-811 26-18-812 NextLast modified: November 15, 2016