[Code of Federal Regulations]
[Title 27, Volume 2]
[Revised as of April 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 27CFR70.112]

[Page 254]
 
            TITLE 27--ALCOHOL, TOBACCO PRODUCTS AND FIREARMS
 
 CHAPTER I--ALCOHOL AND TOBACCO TAX AND TRADE BUREAU, DEPARTMENT OF THE 
                                TREASURY
 
PART 70_PROCEDURE AND ADMINISTRATION--Table of Contents
 
      Subpart D_Collection of Excise and Special (Occupational) Tax
 
Sec.  70.112  Failure to collect and pay over tax, or attempt to evade or 

defeat tax.

    Any person required to collect, truthfully account for, and pay over 
any tax imposed by the Internal Revenue Code who willfully fails to 
collect such tax, or truthfully account for and pay over such tax, or 
willfully attempts in any manner to evade or defeat any such tax or the 
payment thereof, shall, in addition to other penalties, be liable to a 
penalty equal to the total amount of the tax evaded, or not collected, 
or not accounted for and paid over. The penalty imposed by section 6672 
of the Internal Revenue Code applies only to the collection, accounting 
for, or payment over of taxes imposed on a person other than the person 
who is required to collect, account for, and pay over such taxes. No 
penalty under section 6653 of the Internal Revenue Code, relating to 
failure to pay tax, shall be imposed for any offense to which this 
section is applicable.

(26 U.S.C. 6672)

[T.D. ATF-251, 52 FR 19314, May 22, 1987. Redesignated by T.D. ATF-301, 
55 FR 47606, Nov. 14, 1990]