§7270. Insurance policies
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.
(Aug. 16, 1954, ch. 736,
Amendments
1976-
Effective Date of 1976 Amendment
Amendment by
Cross References
Authorization for action to recover fine, see section 7401 of this title.
Jurisdiction of district court of the United States of proceeding for recovery or enforcement of fines, see section 1355 of Title 28, Judiciary and Judicial Procedure.