26 U.S.C. § 7001
Section 7001 · Collection of foreign items
Amended 2 times on record
Applied in 1 court decisions — leading case United States v. Catalano (1974)
Most recently applied in United States v. Catalano (January 1974)
All persons undertaking as a matter of business or for profit the collection of foreign payments of interest or dividends by means of coupons, checks, or bills of exchange shall obtain a license from the Secretary and shall be subject to such regulations enabling the Government to obtain the information required under subtitle A (relating to income taxes) as the Secretary shall prescribe.
For penalty for failure to obtain the license provided for in this section, see section 7231.
Editorial notes U.S. Code · Office of the Law Revision Counsel
Amendments
1976—Subsec. (a). Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing.