§ 6050R. Returns relating to certain purchases of fish
(a)
Requirement of reporting
Every person—
(1)
who is engaged in the trade or business of purchasing fish for resale from any person engaged in the trade or business of catching fish; and
(2)
who makes payments in cash in the course of such trade or business to such a person of $600 or more during any calendar year for the purchase of fish,
shall make a return (at such times as the Secretary may prescribe) described in subsection (b) with respect to each person to whom such a payment was made during such calendar year.
(b)
Return
A return is described in this subsection if such return—
(c)
Statement to be furnished with respect to whom information is required
Every person required to make a return under subsection (a) shall furnish to each person whose name is required to be set forth in such return a written statement showing—
(1)
the name, address, and phone number of the information contact of the person required to make such a return, and
The written statement required under the preceding sentence shall be furnished to the person on or before January 31 of the year following the calendar year for which the return under subsection (a) is required to be made.