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Code · U.S. Code · Title 26 - INTERNAL REVENUE CODE · CHAPTER 68— ADDITIONS TO THE TAX, ADDITIONAL AMOUNTS, AND ASSESSABLE PENALTIES · Subchapter B— Assessable Penalties · § 6718

§ 6718. Failure to display tax registration on vessels

251 words·~1 min read·/usc/title-26/section-6718

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(a)Failure to display registration Every operator of a vessel who fails to display proof of registration pursuant to section 4101(a)(3) shall pay a penalty of $500 for each such failure. With respect to any vessel, only one penalty shall be imposed by this section during any calendar month.
(b)Multiple violations In determining the penalty under subsection
(a)on any person, subsection
(a)shall be applied by increasing the amount in subsection
(a)by the product of such amount and the aggregate number of penalties (if any) imposed with respect to prior months by this section on such person (or a related person or any predecessor of such person or related person).
(c)Reasonable cause exception No penalty shall be imposed under this section with respect to any failure if it is shown that such failure is due to reasonable cause.
(Added and amended Pub. L. 108–357, title VIII, §§ 861(b)(1), 862(b), Oct. 22, 2004, 118 Stat. 1618, 1619.)
Connections2 cite this · traces to 1
7 references not yet in our index
  • Pub. L. 108–357, title VIII
  • 118 Stat. 1618
  • Pub. L. 108–357, § 862(b)
  • section 862(b) of Pub. L. 108–357
  • section 862(c) of Pub. L. 108–357
  • Pub. L. 108–357, title VIII, § 861(c)(2)
  • 118 Stat. 1619
Citation graph
cites case law
§ 6718
Failure to display tax registration on vessels
Stat.×1
U.S.C.×1
Pub. L.Pub. L. 108–357, title VIII
Stat.118 Stat. 1618
Pub. L.Pub. L. 108–357, § 862(b)
Pub. L.section 862(b) of Pub. L. 108–357
Pub. L.section 862(c) of Pub. L. 108–357
Cites 8 · showing 6Cited by 2 across 2 sources
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