 | 1982 - 60 lapas
...information returns is $10 per return, subject to a maximum of $25,000 for any calendar year (sec. 6652(a)). The penalty is not applicable if the failure is due to reasonable cause and not to willful neglect. Also, a person required to file an information return generally must furnish a written... | |
 | 1983 - 60 lapas
...penalty for failure to file most information returns is $50 per return, subject to a maximum of $50,000 for any calendar year. The penalty is not applicable...willful neglect. If, however, the failure to file is due to intentional disregard of the filing requirements, the penalty is not less than 10 percent... | |
 | United States. Congress. House. Committee on Ways and Means - 1993 - 94 lapas
...generally $50 per failure, subject to a maximum of $100,000 for any calendar year.47 These penalties are not applicable if the failure is due to reasonable cause and not to willful neglect. Description of Proposal The proposal would broaden the type of entities that are required... | |
 | 1993 - 540 lapas
...than $100 per failure and the $100,000 annual limitation does not apply. ÍLI5 These penalties are not applicable if the failure is due to reasonable cause and not to willful neglect. The provision applies to discharges of indebtedness after the date of enactment .... | |
 | 2001 - 228 lapas
...generally $50 per failure, subject to a maximum of $100,000 for any calendar year. These penalties are not applicable if the failure is due to reasonable cause and not to willful neglect. Reasons for Change The Congress believed that it was appropriate to treat discharges... | |
 | 2001 - 104 lapas
...generally is $50 per failure, subject to a maximum of $100,000 for any calendar year. These penalties are not applicable if the failure is due to reasonable cause and not to willful neglect. 31 EXPLANATION OF PROVISION The bill provides that gross income does not include any... | |
 | 1999 - 514 lapas
...generally $50 per failure, subject to a maximum of $100,000 for any calendar year. These penalties are not applicable if the failure is due to reasonable cause and not to willful neglect. Description of Proposal The proposal would require that information reporting on discharges... | |
 | Joint Committee on Taxation - 2007 - 856 lapas
...generally is $50 per failure, subject to a maximum of $100,000 for any calendar year. These penalties are not applicable if the failure is due to reasonable cause and not to willful neglect. Explanation of Provision The provision provides that gross income of a qualified individual... | |
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Thus, the penalty is $50 per failure, subject to a maximum of $50,000 for any calendar year. The penalty is not applicable if the failure is due to reasonable cause and not to willful neglect. If... 