26Title 26The US tax code, read & explained

26 U.S.C. § 6653

§ 6653. Failure to pay stamp tax

97 words · amended 14 times · cited by 2 other sections

Compare on Cornell LII Official XML (House)

No plain-English explainer yet. Below is the official text. Explainers are being added section by section.

History

Part of the code since 1954. Last changed December 19, 1989 by the Omnibus Budget Reconciliation Act of 1989.

Every change, newest first (15)
  1. December 19, 1989Omnibus Budget Reconciliation Act of 1989
  2. November 10, 1988Technical and Miscellaneous Revenue Act of 1988
  3. October 22, 1986Tax Reform Act of 1986
  4. May 24, 1985Public Law 99-44
  5. July 18, 1984Deficit Reduction Act of 1984
  6. August 5, 1983Public Law 98-67
  7. January 12, 1983Public Law 97-448
  8. September 3, 1982Tax Equity and Fiscal Responsibility Act of 1982
  9. August 13, 1981Economic Recovery Tax Act of 1981
  10. April 2, 1980Public Law 96-223
  11. September 2, 1974Public Law 93-406
  12. January 12, 1971Public Law 91-679
  13. December 30, 1969Tax Reform Act of 1969
  14. September 2, 1958Public Law 85-866
  15. August 16, 1954Internal Revenue Code of 1954 (original text)

The law as written

Current through Public Law 119-102. Amendment notes omitted.

Any person (as defined in section 6671(b)) who—

(1)

willfully fails to pay any tax imposed by this title which is payable by stamp, coupons, tickets, books, or other devices or methods prescribed by this title or by regulations under the authority of this title, or

(2)

willfully attempts in any manner to evade or defeat any such tax or the payment thereof,

shall, in addition to other penalties provided by law, be liable for a penalty of 50 percent of the total amount of the underpayment of the tax.