Fraudulent withholding — penalty.

In case the property has been fraudulently withheld from assessment, the department of revenue may, in addition to the ten percent penalty under section 440.5 , add any additional percent, not exceeding fifty percent. [C27, 31, 35, §7105-a6; C39, § 7105.6; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §440.6 ] 2003 Acts, ch 145, §286 ; 2015 Acts, ch 109, §61, 75 ; 2016 Acts, ch 1073, §120