26 U.S. Code § 6718 - Failure to display tax registration on vessels
prev | next
(a) Failure to display registration
(b) Multiple violations
In determining the penalty under subsection (a) on any person, subsection (a) shall be applied by increasing the amount in subsection (a) by the product of such amount and the aggregate number of penalties (if any) imposed with respect to prior months by this section on such person (or a related person or any predecessor of such person or related person).
Source(Added and amended Pub. L. 108–357, title VIII, §§ 861(b)(1), 862 (b),Oct. 22, 2004, 118 Stat. 1618, 1619.)
2004—Subsec. (a). Pub. L. 108–357, § 862(b), substituted “section 4101 (a)(3)” for “section 4101 (a)(2)”.
Effective Date of 2004 Amendment
Amendment by section 862(b) ofPub. L. 108–357effective Jan. 1, 2005, see section 862(c) ofPub. L. 108–357, set out as a note under section 4101 of this title.