Us Code § 7268 - Possession with intent to sell in fraud of law or to evade tax
Full text of Us Code United States Code § 7268 — Possession with intent to sell in fraud of law or to evade tax, with citation guidance and answers to common questions.
§ 7268. Possession with intent to sell in fraud of law or to evade tax
Every person who shall have in his custody or possession any goods, wares, merchandise, articles, or objects on which taxes are imposed by law, for the purpose of selling the same in fraud of the internal revenue laws, or with design to avoid payment of the taxes imposed thereon, shall be liable to a penalty of $500 or not less than double the amount of taxes fraudulently attempted to be evaded.
(Aug. 16, 1954, ch. 736, 68A Stat. 865.)
About This Section
26 U.S.C. § 7268 is part of Title 26 of the United States Code. The United States Code is the official codification of federal statutes maintained by the Office of the Law Revision Counsel of the U.S. House of Representatives. Congress amends the Code through new public laws, which are eventually incorporated into the relevant title.
This section may be cited in legal writing as 26 U.S.C. § 7268. For the most current official text, including any recent amendments, use the official source links below. Do not rely on this page as the sole authority for legal citation or litigation.
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