New York S00944 amends the state finance law to establish liability for individuals who make false records or statements related to tax obligations.

New York S00944 amends the state finance law to establish liability for individuals who make or use false records or statements material to their tax obligations, or who conceal, avoid, or decrease their tax obligations. This includes obligations of subsidiaries, partnerships, corporations, or entities they control. The bill specifies that liability includes damages, including interest owed under the tax law, and requires no proof of specific intent to defraud, except for acts occurring by mistake or negligence.

New York S00944 amends the state finance law to establish liability for individuals who make false records or statements related to tax obligations.

New York S00944 amends the state finance law to establish liability for individuals who make or use false records or statements material to their tax obligations, or who conceal, avoid, or decrease their tax obligations. This includes obligations of subsidiaries, partnerships, corporations, or entities they control. The bill specifies that liability includes damages, including interest owed under the tax law, and requires no proof of specific intent to defraud, except for acts occurring by mistake or negligence.