Browse Arkansas Code titles and sections
26 U.S.C. § 6688 — Assessable penalties with respect to information required to be furnished under section 7654
Federal law — U.S. Code and appendices · legal_authorities
In addition to any criminal penalty provided by law, any person described in section 7654(a) who is required under section 937(c) or by regulations prescribed under section 7654 to furnish information and who fails to comply with such requirement at the time prescribed by such regulations unless it is shown that such failure is due to reasonable cause and not to willful neglect, shall pay (upon notice and demand by the Secretary and in the same manner as tax) a penalty of $1,000 for each such failure.
Source: Supplied U.S. Code snapshot — release unconfirmed · 26 U.S.C. § 6688
Stored review status: release_metadata_unconfirmed. A text match is a research starting point; applicability is not established.
Original supplied file — preserved unchanged
Download original Markdown file
File SHA-256: e8eaa5f5a9cf214458a95eca1ca4adf6a484ae4c2da3b8b16a317459253fb37c. The original may include catalog metadata, neighboring provisions, or embedded records outside this collection's scope. Search shows only the selected federal record. Historical editions and unverified snapshots are not a statement of current law.
Authority boundary: historical or unconfirmed source not current law verified.
Open the recorded source website ↗
Record provenance
Stable record: federal_law:legal_authorities:record_usc_d31f7fcaf945138f5909c337
Source file: Laws/federal/codes/united-states-code/title-26/section-6688-assessable-penalties-with-respect-to-information-required-to-be-furnishe--ca0f098859.md
Pages: Not recorded – Not recorded
Passage SHA-256: bbc23334c9b0958aa1356ad48b7607e7c4aee98a991390652d9d8bc537d0146f
Source location: Title 26, Chapter 68, § 6688; chapter-068-additions-to-the-tax-additional-amounts-and-assessable-penalties.md
Stored source content
In addition to any criminal penalty provided by law, any person described in section 7654(a) who is required under section 937(c) or by regulations prescribed under section 7654 to furnish information and who fails to comply with such requirement at the time prescribed by such regulations unless it is shown that such failure is due to reasonable cause and not to willful neglect, shall pay (upon notice and demand by the Secretary and in the same manner as tax) a penalty of $1,000 for each such failure.
Cross-references
Connections may be documented source relationships, shared citations or nearby passages. Each explains its basis; a connection alone does not establish applicability to your situation.
Federal law — U.S. Code and appendices · legal_authorities
**(a) Bona fide resident** For purposes of this subpart, section 865(g)(3), section 876, section 881(b), paragraphs (2) and (3) of section 901(b), section 957(c), section 3401(a)(8)(C), and section 7654(a), except as provided in regulations, the term “bona fide resident” means a person—
(1) who is present for at least 183 days during the taxable year in Guam, American Samoa, the Northern Mariana Islands, Puerto Rico, or the Virgin Islands, as the case may be, and
(2) who does not have a tax home (determined under the principles of section 911(d)(3) without regard to the second sentence thereof) outside such specified possession during the taxable year and does not have a closer connection (determined under the principles of section 7701(b)(3)(B)(ii)) to the United States or a foreign country than to such specified possession.
For purposes of paragraph (1), the determination as to whether a person is present for any day shall be made under the principles of section 7701(b).
**(b) Source rules** Except as provided in regulations, for purposes of this title—
(1) except as provided in paragraph (2), rules similar to the rules for determining whether income is income from sources within the United States or is effectively connected with the conduct of a trade or business within the United States shall apply for purposes of determining whether income is from sources within a possession specified in subsection (a)(1) or effectively connected with the conduct of a trade or business within any such possession, and
(2) any income treated as income from sources within the United States or as effectively connected with the conduct of a trade or business within the United States shall not be treated as income from sources within any such possession or as effectively connected w
Source: Supplied U.S. Code snapshot — release unconfirmed · 26 U.S.C. § 937
Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.
Federal law — U.S. Code and appendices · legal_authorities
**(a) General rule** In the case of an individual who is a bona fide resident of a specified possession during the entire taxable year, gross income shall not include—
(1) income derived from sources within any specified possession, and
(2) income effectively connected with the conduct of a trade or business by such individual within any specified possession.
**(b) Deductions, etc. allocable to excluded amounts not allowable** An individual shall not be allowed—
(1) as a deduction from gross income any deductions (other than the deduction under section 151, relating to personal exemptions), or
(2) any credit,
properly allocable or chargeable against amounts excluded from gross income under this section.
**(c) Specified possession** For purposes of this section, the term “specified possession” means Guam, American Samoa, and the Northern Mariana Islands.
**(d) Employees of the United States** Amounts paid for services performed as an employee of the United States (or any agency thereof) shall be treated as not described in paragraph (1) or (2) of subsection (a).
Source: Supplied U.S. Code snapshot — release unconfirmed · 26 U.S.C. § 931
Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.
Federal law — U.S. Code and appendices · legal_authorities
Page 3794
TITLE 26—INTERNAL REVENUE CODE
[§ 6687
supply information, or pay tax) any person re-
quired to supply information or to file a return
under section 6011(c) who fails to supply such in-
formation or file such return at the time pre-
scribed by the Secretary, or who files a return
which does not show the information required,
shall pay a penalty of $100 for each failure to
supply information (but the total amount im-
posed on the delinquent person for all such fail-
ures during any calendar year shall not exceed
$25,000) or a penalty of $1,000 for each failure to
file a return, unless it is shown that such failure
is due to reasonable cause.
(Added Pub. L. 92–178, title V, § 504(d), Dec. 10,
1971, 85 Stat. 551; amended Pub. L. 94–455, title
XIX, § 1906(b)(13)(A), Oct. 4, 1976, 90 Stat. 1834;
Pub. L. 98–369, div. A, title VIII, § 801(d)(15)(A),
July 18, 1984, 98 Stat. 997; Pub. L. 110–172,
§ 11(g)(21), Dec. 29, 2007, 121 Stat. 2491.)
Editorial Notes
AMENDMENTS
2007—Pub. L. 110–172 inserted ‘‘former’’ before ‘‘FSC’’
in section catchline.
1984—Pub. L. 98–369 substituted ‘‘Failure to file re-
turns or supply information by DISC or FSC’’ for ‘‘Fail-
ure of DISC to file returns’’ in section catchline, and in
text substituted ‘‘section 6011(c)’’ for ‘‘section 6011(e)’’.
1976—Pub. L. 94–455 struck out ‘‘or his delegate’’ after
‘‘Secretary’’.
Statutory Notes and Related Subsidiaries
EFFECTIVE DATE OF 1984 AMENDMENT
Amendment by Pub. L. 98–369 applicable to trans-
actions after Dec. 31, 1984, in taxable years ending after
such date, see section 805(a)(1) of Pub. L. 98–369, as
amended, set out as a note under section 245 of this
title.
EFFECTIVE DATE
Section applicable with respect to taxable years end-
ing after Dec. 31, 1971, except that a cor
Source: Supplied 2024 U.S. Code historical extraction · 26 U.S.C. § 6688
Stored review status: historical_2024_not_currentness_verified. Same stored citation; legal effect and authority still require review.