59-1-1304. Penalty for taxpayer failure to disclose a reportable transaction.
(1) Except as provided in Subsection, a taxpayer that fails to disclose a reportable transaction as required by Sectionis subject to a penalty of $15,000. (1)(b) 59-1-1303 A taxpayer that fails to disclose a listed transaction as required by Sectionis subject to a penalty of $30,000. 59-1-1303
(2) A penalty imposed by this section is in addition to any other penalty imposed by this title.