26 U.S.C. § 6720B — Fraudulent identification of exempt use property
submitted 20 years ago by Pub. L. 109-280 to r/title-26-INTERNAL-REVENUE-CODE · 61 words · no verdicts yet
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
In addition to any criminal penalty provided by law, any person who identifies applicable property (as defined in section 170(e)(7)(C)) as having a use which is related to a purpose or function constituting the basis for the donee’s exemption under section 501 and who knows that such property is not intended for such a use shall pay a penalty of $10,000.
Source credit: (Added Pub. L. 109–280, title XII, § 1215(c)(1), Aug. 17, 2006, 120 Stat. 1079.)
- 2006Enacted · Pub. L. 109-280 · 120 Stat. 1079
A history note hasn’t been published yet. The record shows enactment by Pub. L. 109-280 on 2006-08-17.
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