StacksVerified U.S. regulatory reference

26 U.S.C. § 7270

Verified against govinfo.gov as of June 20, 2026View official text on govinfo.gov
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.