Any person who engages in a business taxable under 26 U.S.C. § 5801, without timely payment of the tax imposed with respect to such business (see § 479.34) shall be liable for such tax, plus the interest and penalties thereon (see 26 U.S.C. § 6601 and 6651). In addition, such person may be liable for criminal penalties under 26 U.S.C. § 5871.

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[36 FR 14256, Aug. 3, 1971. Redesignated at 40 FR 16835, Apr. 15, 1975, and amended by T.D. ATF-48, 44 FR 55842, Sept. 28, 1979]