Title 26 — Internal Revenue CodeRelease 119-73

§7270 Insurance policies

Title 26 › Subtitle Subtitle F— - Procedure and Administration › Chapter CHAPTER 75— - CRIMES, OTHER OFFENSES, AND FORFEITURES › Subchapter Subchapter B— - Other Offenses › § 7270

Last updated Apr 6, 2026|Official source

Full Legal Text

Title 26, §7270

Internal Revenue Code — Source: USLM XML via OLRC

Any person who fails to comply with the requirements of section 4374 (relating to liability for tax on policies issued by foreign insurers), with intent to evade the tax shall, in addition to other penalties provided therefor, pay a fine of double the amount of the tax.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

Amendments

1976—Pub. L. 94–455 substituted “liability for tax on policies issued by foreign insurers” for “the affixing of stamps on insurance policies, etc.”.

Statutory Notes and Related Subsidiaries

Effective Date

of 1976 AmendmentAmendment by Pub. L. 94–455 effective on first day of first month which begins more than 90 days after Oct. 4, 1976, see section 1904(d) of Pub. L. 94–455, set out as a note under section 4041 of this title.

Reference

Citations & Metadata

Citation

26 U.S.C. § 7270

Title 26 — Internal Revenue Code

Last Updated

Apr 6, 2026

Release point: 119-73