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26 U.S.C. · Internal Revenue Code
26 U.S.C. § 7341

Penalty for sales to evade tax

Ch. 75 — CRIMES, OTHER OFFENSES, AND FORFEITURES
Title 26 U.S.C. ● ACTIVE Primary Source Ch. 75
Statutory Text

26 U.S.C. § 7341 — Penalty for sales to evade tax

U.S.C. Title 26 - INTERNAL REVENUE CODE 26 U.S.C. United States Code, 2023 Edition Title 26 - INTERNAL REVENUE CODE Subtitle F - Procedure and Administration CHAPTER 75 - CRIMES, OTHER OFFENSES, AND FORFEITURES Subchapter D - Miscellaneous Penalty and Forfeiture Provisions Sec. 7341 - Penalty for sales to evade tax From the U.S. Government Publishing Office, www.gpo.gov

§7341. Penalty for sales to evade tax

(a) Nonenforceability of contract Whenever any person who is liable to pay any tax imposed by this title upon, for, or in respect of, any property sells or causes or allows the same to be sold before such tax is paid, with intent to avoid such tax, or in fraud of the internal revenue laws, any debt contracted in such sale, and any security given therefor, unless the same shall have been bona fide transferred to an innocent holder, shall be void, and the collection thereof shall not be enforced in any court. (b) Forfeiture of sum paid on contract If such property has been paid for, in whole or in part, the sum so paid shall be deemed forfeited. (c) Moiety Any person who shall sue for the sum so paid (in an action of debt) shall recover from the seller the amount so paid, one-half to his own use and the other half to the use of the United States.

(Aug. 16, 1954, ch. 736, 68A Stat. 872.)

Source: uscode.house.gov — public domain Official Source ↗
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◈ Machine-Readable Provenance Record Root-LD v1.0 · boisestandard.org
Federation ID
BS-USC26-SEC-E120FE
Entity Class
STATUTE / FEDERAL-CODE-SECTION
Domain Signature
boisestandard.org
Citation
26 U.S.C. § 7341
Jurisdiction
Federal — United States
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
94a167c23ae2ba3b...
Semantic Edges
Pending — corpus passes queued
The statutory text of 26 U.S.C. § 7341 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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← 26 U.S.C. § 7328 26 U.S.C. § 7342 →
Ch. 75 — CRIMES, OTHER OFFENSES, AND FORFEITURES
26 U.S.C. § 720126 U.S.C. § 720226 U.S.C. § 720326 U.S.C. § 720426 U.S.C. § 720526 U.S.C. § 720626 U.S.C. § 720726 U.S.C. § 720826 U.S.C. § 720926 U.S.C. § 721026 U.S.C. § 721126 U.S.C. § 721226 U.S.C. § 721326 U.S.C. § 7213A26 U.S.C. § 721426 U.S.C. § 721526 U.S.C. § 721626 U.S.C. § 721726 U.S.C. § 723126 U.S.C. § 723226 U.S.C. § 723326 U.S.C. § 723426 U.S.C. § 723526 U.S.C. § 723626 U.S.C. § 723726 U.S.C. § 723926 U.S.C. § 724026 U.S.C. § 724126 U.S.C. § 726126 U.S.C. § 7262
26 U.S.C. — public domain ← All Legislation
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boisestandard.org → United States → Law → U.S. Code → Title 26 → 26 U.S.C. § 7341