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" ... filing), unless it is shown that such failure is due to reasonable cause and not due to willful neglect, there shall be added to the amount required to be shown as tax on such return 5 percent of the amount of such tax if the failure is for not more... "
Reports of the United States Tax Court - Halaman 110
oleh United States. Tax Court - 1970
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The Code of Federal Regulations of the United States of America

1977 - 744 halaman
...and tubes), or of subchapter A of chapter S3 (relating to machine guns and certain other firearms), on the date prescribed therefor (determined with regard...continues, not exceeding 25 percent in the aggregate; (2) To pay the amount shown as tax on any return specified in paragraph (1) on or before the date prescribed...
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The Code of Federal Regulations of the United States of America

1976 - 676 halaman
...and tubes) , or of subchapter A of chapter 53 (relating to machine guns and certain other firearms) , on the date prescribed therefor (determined with regard...continues, not exceeding 25 percent In the aggregate; (2) To pay the amount shown as tax on any return specified In paragraph (l) on or before the date prescribed...
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Code of Federal Regulations: Containing a Codification of Documents of ...

1974 - 676 halaman
...serthed therefor (determined with regard to any extension of time for filing) , unlees It Is shown that such failure Is due to reasonable cause and not due...failure continues, not exceeding 25 percent In the eg. gregate; (2) To pay the amount shown as tax on any return specified in paragraph (1) on or before...
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The Code of Federal Regulations of the United States of America

1998 - 648 halaman
...amount of such contribution if the failure is for not more than one month, with an additional five percent for each additional month or fraction thereof...continues, not exceeding 25 percent in the aggregate. (b) Waiver of penalty. The Chief Financial Officer may waive all or a portion of the penalty Imposed...
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Code of Federal Regulations: Containing a Codification of Documents of ...

1998 - 648 halaman
...amount of such contribution If the failure is for not more than one month, with an additional five percent for each additional month or fraction thereof...continues, not exceeding 25 percent In the aggregate. (b) Waiver of penalty. The Chief Financial Officer may waive all or a portion of the penalty Imposed...
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Code of Federal Regulations: Containing a Codification of Documents of ...

1961 - 422 halaman
...of the amount of the underpayment if the failure is for not more than 1 month, with an additional 1 percent for each additional month or fraction thereof...during which such failure continues, not exceeding 6 percent in the aggregate. For purposes of this subsection, the term "underpayment" means the excess...
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The Code of Federal Regulations of the United States of America

1970 - 360 halaman
...of the amount of the underpayment If the failure Is for not more than 1 month, with an additional 1 percent for each additional month or fraction thereof...during which such failure continues, not exceeding 6 percent in the aggregate. For purposes of this subsection, the term "underpayment" means the excess...
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Internal Revenue Bulletin: Cumulative bulletin

United States. Internal Revenue Service - 1967 - 1388 halaman
...filing), unless It IK shown that such failure Is dur to reasonable cause and not due to willful neslect, there shall be added to the amount required to be...during which such failure continues, not exceeding 2~> percent in the aKRreiiate." The maximum penalty of 25% wan assessed on the withholding, cabaret,...
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Internal Revenue Bulletin

United States. Internal Revenue Service - 1954 - 1182 halaman
...neglect, there will be added to the amount required to be shown as tax on such return 5 percent of tne amount of such tax if the failure is for not more...continues, not exceeding 25 percent in the aggregate. This corresponds generally to the rule in sections 291 and 3612 of the 1939 Code. .02 It will be noted...
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Compilation of the Social Security Laws

United States. Congress. House. Committee on Ways and Means - 1961 - 520 halaman
...of the amount of the underpayment if the failure is for not more than 1 month, with an additional 1 percent for each additional month or fraction thereof...during which such failure continues, not exceeding 6 percent in the aggregate. For purposes of this subsection, the term "underpayment" means the excess...
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