26 U.S.C. § 6720B
Fraudulent identification of exempt use property
In addition to any criminal penalty provided by law, any person who identifies applicable property (as defined in section 170(e)(7)(C)) as having a use which is related to a purpose or function constituting the basis for the donee’s exemption under section 501 and who knows that such property is not intended for such a use shall pay a penalty of $10,000.
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Nearby sections (25 sections)
- 6711 · Failure by tax-exempt organization to disclose that certain…
- 6712 · Failure to disclose treaty-based return positions
- 6713 · Disclosure or use of information by preparers of returns
- 6714 · Failure to meet disclosure requirements applicable to quid pro…
- 6715 · Dyed fuel sold for use or used in taxable use, etc.
- 6715A · Tampering with or failing to maintain security requirements for…
- 6716 · Repealed. Pub. L. 111–312, title III, § 301(a), Dec. 17, 2010,…
- 6717 · Refusal of entry
- 6718 · Failure to display tax registration on vessels
- 6719 · Failure to register or reregister
- 6720 · Fraudulent acknowledgments with respect to donations of motor…
- 6720A · Penalty with respect to certain adulterated fuels
- 6720B · Fraudulent identification of exempt use property
- 6720C · Penalty for failure to notify health plan of cessation of…
- 6721 · Failure to file correct information returns
- 6722 · Failure to furnish correct payee statements
- 6723 · Failure to comply with other information reporting requirements
- 6724 · Waiver; definitions and special rules
- 6725 · Failure to report information under section 4101
- 6726 · Failure to comply with information reporting requirements…
- 6751 · Procedural requirements
- 6801 · Authority for establishment, alteration, and distribution
- 6802 · Supply and distribution
- 6803 · Accounting and safeguarding
- 6804 · Attachment and cancellation