26 U.S.C. § 7203 — Willful failure to file return, supply information, or pay tax
submitted 72 years ago by ch. 736 to r/title-26-INTERNAL-REVENUE-CODE · 195 words · no verdicts yet
This section addresses willful failure to file return, supply information, or pay tax. It provides the rules stated in the section, including its conditions, duties, permissions, and exceptions. Any person required under this title to pay any estimated tax or tax, or required by this title or by regulations made under authority thereof to make a return, keep any records, or supply any information, who willfully fails to pay such estimated tax or tax, make such…
Any person required under this title to pay any estimated tax or tax, or required by this title or by regulations made under authority of it to make a return, keep any records, or supply any information, who willfully fails to pay such estimated tax or tax, make such return, keep such records, or supply such information, at the time or times required by law or regulations, must, in addition to other penalties provided by law, be guilty of a misdemeanor and, upon conviction of it, must be fined not more than $25,000 ($100,000 for a corporation*), or imprisoned not more than 1 year, or both, together with the costs of prosecution. for any person about whom there is a failure to pay any estimated tax, this section must not apply to such person about such failure if there is no addition to tax under section 6654 or 6655 about such failure. for a willful violation of any provision of section 6050I, the first sentence of this section must be applied by substituting “felony” for “misdemeanor” and “5 years” for “1 year”.
Any person required under this title to pay any estimated tax or tax, or required by this title or by regulations made under authority thereof to make a return, keep any records, or supply any information, who willfully fails to pay such estimated tax or tax, make such return, keep such records, or supply such information, at the time or times required by law or regulations, shall, in addition to other penalties provided by law, be guilty of a misdemeanor and, upon conviction thereof, shall be fined not more than $25,000 ($100,000 in the case of a corporation*), or imprisoned not more than 1 year, or both, together with the costs of prosecution. In the case of any person with respect to whom there is a failure to pay any estimated tax, this section shall not apply to such person with respect to such failure if there is no addition to tax under section 6654 or 6655 with respect to such failure. In the case of a willful violation of any provision of section 6050I, the first sentence of this section shall be applied by substituting “felony” for “misdemeanor” and “5 years” for “1 year”.
Source credit: (Aug. 16, 1954, ch. 736, 68A Stat. 851; Pub. L. 90–364, title I, § 103(e)(5), June 28, 1968, 82 Stat. 264; Pub. L. 97–248, title III, §§ 327, 329(b), Sept. 3, 1982, 96 Stat. 617, 618; Pub. L. 98–369, div. A, title IV, § 412(b)(9), July 18, 1984, 98 Stat. 792; Pub. L. 100–690, title VII, § 7601(a)(2)(B), Nov. 18, 1988, 102 Stat. 4504; Pub. L. 101–647, title XXXIII, § 3303(a), Nov. 29, 1990, 104 Stat. 4918.)
- 1954Enacted · Act of Aug. 16, 1954, ch. 736
- 1968Amended · Pub. L. 90-364 · 82 Stat. 264
- 1982Amended · Pub. L. 97-248 · 96 Stat. 617, 618
- 1984Amended · Pub. L. 98-369 · 98 Stat. 792
- 1988Amended · Pub. L. 100-690 · 102 Stat. 4504
- 1990Amended · Pub. L. 101-647 · 104 Stat. 4918
A history note hasn’t been published yet. The record shows enactment by ch. 736 on 1954-08-16.
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