{"data":{"id":"us/26-u.s.c.-6705","jurisdiction":"us","citation":"26 U.S.C. § 6705","heading":"Failure by broker to provide notice to payors","body":"(a) In generalAny person required under section 3406(d)(2)(B) to provide notice to any payor who willfully fails to provide such notice to such payor shall pay a penalty of $500 for each such failure. (b) Penalty in addition to other penaltiesAny penalty imposed by this section shall be in addition to any other penalty provided by law.","path":["Title 26—INTERNAL REVENUE CODE","CHAPTER 68—ADDITIONS TO THE TAX, ADDITIONAL AMOUNTS, AND ASSESSABLE PENALTIES"],"source_url":"https://uscode.house.gov/download/releasepoints/us/pl/119/103/xml_usc26@119-103.zip","current_through":"Public Law 119-103 (09/02/2026)","vintage":"","retrieved_at":"2026-09-10T05:58:25Z","sha256":"09e4b5d81c32acb433b70f4e5ac63e051b781860ad499aa2701b5b90f1802424","source_id":"us","stale":false,"prev":"us/26-u.s.c.-6704","next":"us/26-u.s.c.-6706"},"notice":"GroundRules: Original legal text. Not legal advice."}