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26 U.S.C. § 6714 — Failure to meet disclosure requirements applicable to quid pro quo contributions
Federal law — U.S. Code and appendices · legal_authorities
**(a) Imposition of penalty** If an organization fails to meet the disclosure requirement of section 6115 with respect to a quid pro quo contribution, such organization shall pay a penalty of $10 for each contribution in respect of which the organization fails to make the required disclosure, except that the total penalty imposed by this subsection with respect to a particular fundraising event or mailing shall not exceed $5,000.
**(b) 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.
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Stable record: federal_law:legal_authorities:record_usc_55a55188bc4568377eb1f5c9
Source file: Laws/federal/codes/united-states-code/title-26/section-6714-failure-to-meet-disclosure-requirements-applicable-to-quid-pro-quo-contr--e880c5d060.md
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Source location: Title 26, Chapter 68, § 6714; chapter-068-additions-to-the-tax-additional-amounts-and-assessable-penalties.md
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**(a) Imposition of penalty** If an organization fails to meet the disclosure requirement of section 6115 with respect to a quid pro quo contribution, such organization shall pay a penalty of $10 for each contribution in respect of which the organization fails to make the required disclosure, except that the total penalty imposed by this subsection with respect to a particular fundraising event or mailing shall not exceed $5,000.
**(b) 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.
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Disclosure requirement** If an organization described in section 170(c) (other than paragraph (1) thereof) receives a quid pro quo contribution in excess of $75, the organization shall, in connection with the solicitation or receipt of the contribution, provide a written statement which—
(1) informs the donor that the amount of the contribution that is deductible for Federal income tax purposes is limited to the excess of the amount of any money and the value of any property other than money contributed by the donor over the value of the goods or services provided by the organization, and
(2) provides the donor with a good faith estimate of the value of such goods or services.
**(b) Quid pro quo contribution** For purposes of this section, the term “quid pro quo contribution” means a payment made partly as a contribution and partly in consideration for goods or services provided to the payor by the donee organization. A quid pro quo contribution does not include any payment made to an organization, organized exclusively for religious purposes, in return for which the taxpayer receives solely an intangible religious benefit that generally is not sold in a commercial transaction outside the donative context.
Source: Supplied U.S. Code snapshot — release unconfirmed · 26 U.S.C. § 6115
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Imposition of penalty** If—
(1) any dyed fuel is sold or held for sale by any person for any use which such person knows or has reason to know is not a nontaxable use of such fuel,
(2) any dyed fuel is held for use or used by any person for a use other than a nontaxable use and such person knew, or had reason to know, that such fuel was so dyed,
(3) any person willfully alters, chemically or otherwise, or attempts to so alter, the strength or composition of any dye or marking done pursuant to section 4082 in any dyed fuel, or
(4) any person who has knowledge that a dyed fuel which has been altered as described in paragraph (3) sells or holds for sale such fuel for any use which the person knows or has reason to know is not a nontaxable use of such fuel,
then such person shall pay a penalty in addition to the tax (if any).
**(b) Amount of penalty**
(1) **In general** — Except as provided in paragraph (2), the amount of the penalty under subsection (a) on each act shall be the greater of—
(A) $1,000, or
(B) $10 for each gallon of the dyed fuel involved.
(2) **Multiple violations** — In determining the penalty under subsection (a) on any person, paragraph (1) shall be applied by increasing the amount in paragraph (1)(A) by the product of such amount and the number of prior penalties (if any) imposed by this section on such person (or a related person or any predecessor of such person or related person).
**(c) Definitions** For purposes of this section—
(1) **Dyed fuel** — The term “dyed fuel” means any dyed diesel fuel or kerosene, whether or not the fuel was dyed pursuant to section 4082.
(2) **Nontaxable use** — The term “nontaxable use” has the meaning given such term by section 4082(b).
**(d) Joint and several liability of certain officers and em
Source: Supplied U.S. Code snapshot — release unconfirmed · 26 U.S.C. § 6715
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Federal law — U.S. Code and appendices · legal_authorities
**(a) In general**
(1) **1-year carryback and 20-year carryforward** — If the sum of the business credit carryforwards to the taxable year plus the amount of the current year business credit for the taxable year exceeds the amount of the limitation imposed by subsection (c) of section 38 for such taxable year (hereinafter in this section referred to as the “unused credit year”), such excess (to the extent attributable to the amount of the current year business credit) shall be—
(A) a business credit carryback to the taxable year preceding the unused credit year, and
(B) a business credit carryforward to each of the 20 taxable years following the unused credit year,
and, subject to the limitations imposed by subsections (b) and (c), shall be taken into account under the provisions of section 38(a) in the manner provided in section 38(a).
(2) **Amount carried to each year**
(A) *Entire amount carried to first year* — The entire amount of the unused credit for an unused credit year shall be carried to the earliest of the 21 taxable years to which (by reason of paragraph (1)) such credit may be carried.
(B) *Amount carried to other 20 years* — The amount of the unused credit for the unused credit year shall be carried to each of the other 20 taxable years to the extent that such unused credit may not be taken into account under section 38(a) for a prior taxable year because of the limitations of subsections (b) and (c).
(3) **5-year carryback for marginal oil and gas well production credit** — Notwithstanding subsection (d), in the case of the marginal oil and gas well production credit—
(A) this section shall be applied separately from the business credit (other than the marginal oil and gas well production credit),
(B) paragraph (1) shall be applied
Source: Supplied U.S. Code snapshot — release unconfirmed · 26 U.S.C. § 39
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Federal law — U.S. Code and appendices · legal_authorities
Page 3814
TITLE 26—INTERNAL REVENUE CODE
§ 6714
tion 7216 of this title] shall apply to disclosures or uses
after December 31, 1988.’’
§ 6714. Failure to meet disclosure requirements
applicable to quid pro quo contributions
(a) Imposition of penalty
If an organization fails to meet the disclosure
requirement of section 6115 with respect to a
quid pro quo contribution, such organization
shall pay a penalty of $10 for each contribution
in respect of which the organization fails to
make the required disclosure, except that the
total penalty imposed by this subsection with
respect to a particular fundraising event or
mailing shall not exceed $5,000.
(b) 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 Pub. L. 103–66, title XIII, § 13173(b), Aug.
10, 1993, 107 Stat. 456.)
Editorial Notes
CODIFICATION
Another section 6714 was renumbered section 6715 of
this title.
Statutory Notes and Related Subsidiaries
EFFECTIVE DATE
Section applicable to quid pro quo contributions
made on or after Jan. 1, 1994, see section 13173(d) of Pub.
L. 103–66, set out as a note under section 6115 of this
title.
§ 6715. Dyed fuel sold for use or used in taxable
use, etc.
(a) Imposition of penalty
If—
(1) any dyed fuel is sold or held for sale by
any person for any use which such person
knows or has reason to know is not a non-
taxable use of such fuel,
(2) any dyed fuel is held for use or used by
any person for a use other than a nontaxable
use and such person knew, or had reason to
know, that such fuel was so dyed,
(3) any person willfully alters, chemically or
otherwise, or attempts to so alter, the
strength or composition of any dye or mark
Source: Supplied 2024 U.S. Code historical extraction · 26 U.S.C. § 6714
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