[Code of Federal Regulations]
[Title 26, Volume 15]
[Revised as of April 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 26CFR31.6674-1]

[Page 402]
 
                       TITLE 26--INTERNAL REVENUE
 
    CHAPTER I--INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY 
                               (CONTINUED)
 
PART 31_EMPLOYMENT TAXES AND COLLECTION OF INCOME TAX AT SOURCE--Table of Contents
 
Subpart G_Administrative Provisions of Special Application to Employment 
Taxes (Selected Provisions of Subtitle F, Internal Revenue Code of 1954)
 
Sec. 31.6674-1  Penalties for fraudulent statement or failure to furnish 
statement.

    Any person required to furnish a statement to an employee under the 
provisions of section 6051 or 6053(b) is subject to a civil penalty for 
willful failure to furnish such statement in the manner, at the time, 
and showing the information required under such section (or Sec. 
31.6051-1 or Sec. 31.6053-2), or for willfully furnishing a false or 
fraudulent statement to an employee. The penalty for each such violation 
is $50, which shall be assessed and collected in the same manner as the 
tax imposed on employers under the Federal Insurance Contributions Act. 
See section 7204 for criminal penalty.

[T.D. 7001, 34 FR 1006, Jan. 23, 1969]