§6674 — Fraudulent statement or failure to furnish statement to employee
2 citing cases
Statute Text — 26 U.S.C. §6674
In addition to the criminal penalty provided by section 7204, any person required under the provisions of section 6051 or 6053(b) to furnish a statement to an employee who willfully furnishes a false or fraudulent statement, or who willfully fails to furnish a statement in the manner, at the time, and showing the information required under section 6051 or 6053(b), or regulations prescribed thereunder, shall for each such failure be subject to a penalty under this subchapter of $50, which shall be assessed and collected in the same manner as the tax on employers imposed by section 3111.
Treasury Regulations
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Treas. Reg. §301.6674-1Fraudulent statement or failure to furnish statement to employee
For regulations under section 6674, see § 31.6674-1 of this chapter (Employment Tax Regulations).
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Treas. Reg. §31.6674-1Penalties for fraudulent statement or failure to furnish statement
Any person required to furnish a statement to an employee under the provisions of section 6051 or 6053(b) is subject to a civil penalty for willful failure to furnish such statement in the manner, at the time, and showing the information required under such section (or § 31.6051-1 or § 31.6053-2), or for willfully furnishing a false or fraudulent statement to an employee. The penalty for each such violation is $50, which shall be assessed and collected in the same manner as the tax imposed on employers under the Federal Insurance Contributions Act. See section 7204 for criminal penalty.