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26 U.S.C. § 6705. - Failure by broker to provide notice to payors · Congress.wiki

U.S. Code/Title 26/§ 6705

Title 26

26

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26 U.S.C. § 6705.Chapter 68

§ 6705

Failure by broker to provide notice to payors

Title 26

1 min read

Subchapter: Assessable Penalties

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Back to Chapter 68 Previous: § 6704 Next: § 6706

((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.

Release: pl-119-73not60 (2026-01-23)