26 U.S.C. § 6714

Failure to meet disclosure requirements applicable to quid pro quo contributions

Read at: OLRCuscode.house.gov CornellLII GovInfogovinfo.gov JustiaTitle 26 CasesGoogle Scholar

(a) Imposition of penalty

If an organization fails to meet the disclosure requirement of section 6115 with respect to a quid pro quo contribution, such organization shall pay a penalty of $10 for each contribution in respect of which the organization fails to make the required disclosure, except that the total penalty imposed by this subsection with respect to a particular fundraising event or mailing shall not exceed $5,000.

(b) Reasonable cause exception

No penalty shall be imposed under this section with respect to any failure if it is shown that such failure is due to reasonable cause.

(Added Pub. L. 103–66, title XIII, § 13173(b), Aug. 10, 1993, 107 Stat. 456.)Editorial NotesCodification

Another section 6714 was renumbered section 6715 of this title.

Statutory Notes and Related SubsidiariesEffective Date

Section applicable to quid pro quo contributions made on or after Jan. 1, 1994, see section 13173(d) of Pub. L. 103–66, set out as a note under section 6115 of this title.

Notes of Decisions

Cited in 1 case, 1999–1999 · leading case: In Re FM Transmix Corp., 229 B.R. 583 (Bankr. E.D.N.Y. 1999).

Sort: Relevance Newest Treatment

In Re FM Transmix Corp., 229 B.R. 583 (Bankr. E.D.N.Y. 1999). “The penalty was originally assessed against the Debtor pursuant to 26 U.S.C. § 6714 [5]. However, pursuant to revisions of the Internal Revenue Code in 1996, Section 6714 has been renumbered and is now Section 6715.”

Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.