The IRS has entered a new agreement with U.S. Immigration and Customs Enforcement to share certain tax records of immigrants without legal status, according to NPR. The agreement allows ICE to request information from the IRS on immigrants with final removal orders or under criminal investigation. Undocumented immigrants contribute billions in taxes, often using an Individual Taxpayer Identification Number. Advocates and experts say the IRS has long promised that their information would remain confidential.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02The IRS has entered a new agreement with U.S. Immigration and Customs Enforcement
00:05to share certain tax records of immigrants without legal status, according to NPR.
00:10The agreement allows ICE to request information from the IRS on immigrants
00:13with final removal orders or under criminal investigation.
00:16Undocumented immigrants contribute billions in taxes,
00:19often using an individual taxpayer identification number.
00:22Advocates and experts say the IRS has long promised that their information
00:26would remain confidential.
00:27For all things money, visit Benzinga.com slash GSTV.