26-U.S.C.-6723

§6723 – Failure to Comply With Other Information Reporting Requirements

Pathway

Title 26 > Subtitle F > Chapter 68 > Subchapter B > Part II > Section 6723

Details

• Reference: Section 6723
• Legend: §6723 – Failure to Comply With Other Information Reporting Requirements
• USCode Year: 2013

Provision Content

In the case of a failure by any person to comply with a specified information reporting requirement on or before the time prescribed therefor, such person shall pay a penalty of $50 for each such failure, but the total amount imposed on such person for all such failures during any calendar year shall not exceed $100,000.

(Added Pub. L. 99–514, title XV, §1501(a), Oct. 22, 1986, 100 Stat. 2733; amended Pub. L. 101–239, title VII, §7711(a), Dec. 19, 1989, 103 Stat. 2390.)

Amendments

1989—Pub. L. 101–239 substituted comply with other information reporting requirements for include correct information in section catchline and amended text generally, substituting a single par. for former subsec. (a) stating general rule, subsec. (b) relating to penalty in case of intentional disregard, and subsec. (c) relating to coordination with former section 6676 of this title.

Effective Date of 1989 Amendment

Amendment by Pub. L. 101–239 applicable to returns and statements the due date for which (determined without regard to extensions) is after Dec. 31, 1989, see section 7711(c) of Pub. L. 101–239, set out as a note under section 6721 of this title.

Effective Date

Section applicable to returns the due date for which (determined without regard to extensions) is after Dec. 31, 1986, see section 1501(e) of Pub. L. 99–514, set out as a note under section 6721 of this title.

U.S. Encyclopedia of Law Coverage

26-U.S.C.-6720B in the Legal Encyclopedia: Tax Administration

In this entry about 26-U.S.C.-6720B, find legal reference material, bibliographies and premiere content related to tax administration in the American Encyclopedia of Law, presenting a comprehensive view of the United States tax administration-specific issues, written by authorities in the field.

26-U.S.C.-6720B in the Legal Encyclopedia: Tax Procedure

In this entry about 26-U.S.C.-6720B, find legal reference material, bibliographies and premiere content related to tax procedure in the American Encyclopedia of Law, presenting a comprehensive view of the United States tax procedure-specific issues, written by authorities in the field.

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