Page:United States Statutes at Large Volume 68A.djvu/902

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INTERNAL REVENUE CODE OF 1954


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Subchapter B—Other Offenses Sec. 7261. Representation that retailers' excise tax is excluded from price of article. Sec. 7262. Violation of occupational tax laws relating to wagering— failure to pay special tax. 1 Sec. 7263. Penalties relating to cotton futures. Sec. 7264. Offenses relating to renovated or adulterated butter. Sec. 7265. Other offenses relating to oleomargarine or adulterated f butter operations. cH Sec. 7266. Oflfenses relating to filled cheese. Sec. 7267. Offenses relating to white phosphorus matches. Sec. 7268. Possession with intent to sell in fraud of law or to evade .' tax. J, Sec. 7269. Failure to produce records. j^ Sec. 7270. Insurance policies. ,,,- . ff? !:/ Sec. 7271. Penalties for offenses relating to stamps. '• '""i ' Sec. 7272. Penalty for failure to register. ,c Sec. 7273. Penalties for oflfenses relating to special taxes. Sec. 7274. Penalty for oflfenses relating to white phosphorus •^a^iv" matches. Sec. 7275. Failure to print correct price on tickets. SEC. 7261. REPRESENTATION THAT RETAILERS' EXCISE TAX I S EXCLUDED F R O M PRICE O F ARTICLE. Whoever, in connection with the sale or lease, or offer for sale or lease, of any article taxable under chapter 31, makes any statement, written or oral, in advertisement or otherwise, intended or calculated to lead any person to believe that the price of the article does not include the tax imposed by chapter 31, shall on conviction thereof be fined not more than $1,000. SEC. 7262. VIOLATION OF OCCUPATIONAL TAX LAWS RELATING TO WAGERING—FAILURE TO PAY SPECIAL TAX. Any person who does any act which makes him liable for special tax under subchapter B of chapter 35 without having paid such tax, shall, besides being liable to the payment of the tax, be fined not less than $1,000 and not more than $5,000. SEC. 7263. PENALTIES RELATING TO COTTON FUTURES. (a) WITHHOLDING INFORMATION.—Any person engaged in the business of dealing in cotton who shall, within a reasonable time prescribed by the Secretary of Agriculture or any agent acting under his instructions, willfully fail or refuse to answer questions or to produce books, letters, papers, or documents, as required under section 4862(b), or who shall willfully give any answer that is false or misleading, shall, upon conviction thereof, be fined not more than $500. (b) C IV I L P E N A L T I E S. — I n addition to the criminal penalties provided by section 7233, there shall be imposed, on account of each violation of subchapter D of chapter 39, relating to cotton futures, a penalty of $2,000, to be recovered in a civil action founded on subchapter D of chapter 39 in the name of the United States as plaintiff, and when so recovered one-half of said amount shall be paid over to the person giving the information upon which such recovery was based. t i

§7261

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