26 U.S.C. § 6724 — Waiver; definitions and special rules

Source [3] 26 U.S.C. § 6724 — Waiver; definitions and special rules

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> Official source: https://uscode.house.gov/quicksearch/get.plx?title=26&section=6724 — Internal Revenue Code text as published by the U.S. House Office of the Law Revision Counsel, USLM bulk release point 119-102, retrieved 2026-09-09. Cite as: IRC § 6724. **Statutory text only** — editorial notes, amendment history and effective-date notes are omitted; confirm currency for amendments after the release point.

(b) Payment of penalty No penalty shall be imposed under this part with respect to any failure if it is shown that such failure is due to reasonable cause and not to willful neglect.

(b) Payment of penalty

Any penalty imposed by this part shall be paid on notice and demand by the Secretary and in the same manner as tax.

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