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Code · U.S. Code · Title 26 - INTERNAL REVENUE CODE · CHAPTER 75— CRIMES, OTHER OFFENSES, AND FORFEITURES · Subchapter B— Other Offenses · § 7268

§ 7268. Possession with intent to sell in fraud of law or to evade tax

79 words·~1 min read·/usc/title-26/section-7268

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Every person who shall have in his custody or possession any goods, wares, merchandise, articles, or objects on which taxes are imposed by law, for the purpose of selling the same in fraud of the internal revenue laws, or with design to avoid payment of the taxes imposed thereon, shall be liable to a penalty of $500 or not less than double the amount of taxes fraudulently attempted to be evaded.
(Aug. 16, 1954, ch. 736, 68A Stat. 865.)
Connections1 cite this
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  • Aug. 16, 1954, ch. 736
  • 68A Stat. 865
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cites case law
§ 7268
Possession with intent to sell in fraud of law or to evade tax
IRM×1
ActAug. 16, 1954, ch. 736
Stat.68A Stat. 865
Cites 2Cited by 1 across 1 source
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