
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 26USC7270]

 
                     TITLE 26--INTERNAL REVENUE CODE
 
                Subtitle F--Procedure and Administration
 
           CHAPTER 75--CRIMES, OTHER OFFENSES, AND FORFEITURES
 
                      Subchapter B--Other Offenses
 
Sec. 7270. Insurance policies

    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.

(Aug. 16, 1954, ch. 736, 68A Stat. 865; Pub. L. 94-455, title XIX, 
Sec. 1904(b)(5)(A), Oct. 4, 1976, 90 Stat. 1815.)


                               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.''.


                    Effective Date of 1976 Amendment

    Amendment 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.
