Federal prosecutors announced charges Friday against a contractor with the Internal Revenue Service who allegedly stole the tax returns of a high-ranking government official. A source familiar with the matter told CNN that official is former President Donald Trump.
Why would anyone be interested in your income and wealth?
I dunno - I don’t know anything about Finnish taxes but In the US there can be personal information beyond just income. Like deductions for children, loans, child support, marriage status, etc.
It’s a question of privacy. Like how does this not violate the GDPR?
GDPR cannot override Finnish law (or any EU nations law). And Finnish law states that tax info is public.
Included infos are:
Person’s name, year of birth, and province
Income and capital income taxed in state taxation
Income taxed in municipal taxation
Income tax
Municipal tax
Total amount of taxed and charged fees
Total amount of prepayments
Amount to be paid or refunded in tax collection, i.e., remaining tax or tax refund
Edit: maybe wrote poorly, GDPR on course override any Finnish privacy laws, but GDPR has exceptions if local nations law has requirements for data, i.e. police, security, military and government.
Thanks - that’s very interesting! I’m still not sold on the idea as I believe it violates the same provisions that I think are good in the GDPR (for which they seem to have carved out an exception). But it’s an interesting idea. I wonder if it has had the intended effect of income equality (verified through studies)?
Generally speaking I think people are “aware” that rich people make obscene amounts of money. So telling them “how much” doesn’t seem like it would be worth the privacy violations. Though from what you’ve listed it seems like Finnish tax information may not leak as much information as a US return does.
Something to consider… Thanks again!