Statute · United States Code
26 U.S.C. § 6705 — Failure by broker to provide notice to payors
26 U.S.C. § 6705
- Type
- Statute
- Source
- United States Code
- Jurisdiction
- Federal
- Date
- 2026-10-22
(a) In general Any person required under section 3406(d)(2)(B) to provide notice to any payor who willfully fails to provide such notice to such payor shall pay a penalty of $500 for each such failure. (b) Penalty in addition to other penalties Any penalty imposed by this section shall be in addition to any other penalty provided by law.
Citator
26 U.S.C. § 6705 — Failure by broker to provide notice to payors is in force in the current edition of the Code, and nothing recorded condemns it.
(a) In general Any person required under section 3406(d)(2)(B) to provide notice to any payor who willfully fails to provide such notice to such payor shall pay a penalty of $500 for each such failure. (b) Penalty in addition to other penalties Any penalty imposed by this section shall be in addition to any other penalty provided by law.