Statute · United States Code

26 U.S.C. § 7270 — Insurance policies

26 U.S.C. § 7270

Type: Statute
Source: United States Code
Jurisdiction: Federal
Date: 2025-01-06
Topic: commercial

Any person who fails to comply with the requirements of section 4374 (relating to liability for tax on policies issued by foreign insurers), with intent to evade the tax shall, in addition to other penalties provided therefor, pay a fine of double the amount of the tax.

Citator

26 U.S.C. § 7270 — Insurance policies is in force in the current edition of the Code, and nothing recorded condemns it.

Any person who fails to comply with the requirements of section 4374 (relating to liability for tax on policies issued by foreign insurers), with intent to evade the tax shall, in addition to other penalties provided therefor, pay a fine of double the amount of the tax.