In a new legal analysis, the Institute for Justice says the IRS has created a new class of people who can be victimized by real estate sales online and offline.
The IRS classifies these people as “people who were victims of fraud” but says it is not the same as fraud.
But what does that mean?
The new analysis is based on the law of civil damages, which defines the definition of fraud as “intentional deception or intentional deception in the commission of a criminal offense.”
In other words, the IRS is saying that it is OK for fraudsters to engage in online sales because the victims aren’t the actual buyers, but they are the victims of a fraud perpetrated by the online sellers.
In the new analysis, we estimate that between 3.5 million and 5.5 billion fraud victims in the United States were victims or victims of this type of fraud in the years between 2010 and 2020.
In that time, approximately 10,000 victims or 3.7 percent of the population of the United State were victims.
Of those victims, approximately 15 percent were women, 1.8 percent were Hispanic, and 0.6 percent were African American.
The analysis focuses on victims of the 2014 to 2020 time period, which we used as an example because it is when fraudsters most commonly target consumers.
The law of damages does not define “victims.”
However, some experts believe that the IRS definition of “victim” is a more accurate measure of fraud because it includes those who did not participate in the fraud.
“There is some debate about whether the ‘victim’ is a person or a group of people or a class of individuals,” said Adam Kricker, senior attorney at the Institute on Courts and Civil Rights.
“The law defines the victim in a more precise way, and that definition is what is needed to define fraud.”
The IRS defines “victimize” fraud in its definition as “knowingly and willfully inducing a person to do an act for the purpose of causing the person to suffer injury, loss, damage or financial harm.”
The term “intentionally” in the definition refers to the actions of the victim or victims, not the actual victim.
It is possible that the term “victimate” may be too broad to cover all of the fraud victims.
It also is possible the definition could be overbroad, according to the Institute.
The Institute’s analysis is a response to a complaint filed by the Institute, which argues that the federal government should not require that the online sale of real estate be subject to the civil fraud statute.
The complaint argues that, while the IRS defines fraud as intentionally deceiving a person, the definition should be applied to all transactions online.
It notes that the statute only applies to fraud that is intended to cause an actual loss or financial detriment.
The tax code does not address whether it is acceptable for fraud to be committed online, or whether the IRS should require that transactions be recorded as having been fraudulently initiated.
A spokesperson for the IRS did not immediately respond to a request for comment.