Maryland Jury Instruction - 10.10.6 Section 6672 Penalty

• Category: Federal - Jury Instructions - Tax Refund Suit
• State: Multi-State
• Control #: US-11CF-10-10-6
• Format: Word; Rich Text

Description

This form contains sample jury instructions, to be used across the United States. These questions are to be used only as a model, and should be altered to more perfectly fit your own cause of action needs. The Maryland Jury Instruction — 10.10.6 Section 6672 Penalty is a legal instruction provided to juries in Maryland regarding the penalty associated with Section 6672 of the Internal Revenue Code. This instruction pertains to cases involving the willful failure to pay over payroll taxes by responsible persons. Under Section 6672 of the Internal Revenue Code, a "responsible person" is defined as someone who is required to collect, account for, and pay over certain taxes on behalf of a business entity. This includes individuals such as corporate officers, directors, shareholders, or employees responsible for the financial affairs of the company. The penalty associated with Section 6672 is significant, and this jury instruction helps explain its application. It emphasizes that for the penalty to be imposed, the failure to pay over the taxes must be willful. In other words, the responsible person must have intentionally and knowingly chosen not to remit the taxes to the IRS. The instruction elaborates on the consequences of the penalty, noting that if found liable, the responsible person may become personally liable for the unpaid taxes, in addition to being subject to penalties and interest. This means that the individual's personal assets, such as bank accounts or real estate, could be seized to satisfy the outstanding tax liability. It is important to mention that the Maryland Jury Instruction — 10.10.6 Section 6672 Penalty may not have different types, as it primarily serves to explain the penalty and its requirements to the jury in cases involving the willful failure to pay over payroll taxes.

The Maryland Jury Instruction — 10.10.6 Section 6672 Penalty is a legal instruction provided to juries in Maryland regarding the penalty associated with Section 6672 of the Internal Revenue Code. This instruction pertains to cases involving the willful failure to pay over payroll taxes by responsible persons. Under Section 6672 of the Internal Revenue Code, a "responsible person" is defined as someone who is required to collect, account for, and pay over certain taxes on behalf of a business entity. This includes individuals such as corporate officers, directors, shareholders, or employees responsible for the financial affairs of the company. The penalty associated with Section 6672 is significant, and this jury instruction helps explain its application. It emphasizes that for the penalty to be imposed, the failure to pay over the taxes must be willful. In other words, the responsible person must have intentionally and knowingly chosen not to remit the taxes to the IRS. The instruction elaborates on the consequences of the penalty, noting that if found liable, the responsible person may become personally liable for the unpaid taxes, in addition to being subject to penalties and interest. This means that the individual's personal assets, such as bank accounts or real estate, could be seized to satisfy the outstanding tax liability. It is important to mention that the Maryland Jury Instruction — 10.10.6 Section 6672 Penalty may not have different types, as it primarily serves to explain the penalty and its requirements to the jury in cases involving the willful failure to pay over payroll taxes.