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Sec. 7231 Failure to obtain license for collection of foreign items

  • Internal Revenue Code of 1986
  • Chapter 75 -- Crimes, Other Offenses and Forfeitures
  • Subchapter A -- Crimes
  • Part II -- Penalties applicable to certain taxes

Any person required by section 7001 (relating to collection of certain foreign items) to obtain a license who knowingly undertakes to collect the payments described in section 7001 without having obtained a license therefor, or without complying with regulations prescribed under section 7001, shall be guilty of a misdemeanor and, upon conviction thereof, shall be fined not more than $5,000, or imprisoned not more than 1 year, or both.

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