Sec. 12-736. Penalty for evading or failing to collect, account for or pay over tax. Penalty for fraud.
Sec. 12-736. Penalty for evading or failing to collect, account for or pay over
tax. Penalty for fraud. (a) Any person required to collect, truthfully account for and
pay over the tax imposed under this chapter who wilfully fails to collect such tax or
truthfully account for and pay over such tax or who wilfully attempts in any manner to
evade or defeat the tax or the payment thereof, shall, in addition to other penalties
provided by law, be liable for a penalty equal to the total amount of the tax evaded, or
not collected, or not accounted for and paid over.
(b) Any person who with fraudulent intent shall fail to pay, to deduct or to withhold
and pay any tax, to make, render, sign or certify any return or to supply any information
within the time required by or under this chapter shall be subject to a penalty of not
more than one thousand dollars, in addition to any other amounts required under this
chapter to be imposed, assessed and collected by the commissioner.
(June Sp. Sess. P.A. 91-3, S. 87, 168; P.A. 97-243, S. 44, 67.)
History: June Sp. Sess. P.A. 91-3, S. 87, effective August 22, 1991, and applicable to taxable years of taxpayers
commencing on or after January 1, 1991; P.A. 97-243 amended Subsec. (b) to delete reference to declaration of estimated
tax, effective June 24, 1997, and applicable to taxable years commencing on or after January 1, 1997.