Concerning the penalty for civil tax fraud:

Question

Quizplus · Accepted Answer

Civil tax fraud requires intentional or willful conduct that goes beyond mere negligence. It involves an intentional act of deception or misrepresentation.

Answer: B
 The burden of proof to establish civil tax fraud is on the government, and it must prove the taxpayer's fraudulent intent by clear and convincing evidence.

Answer: C
 The penalty for civil tax fraud is generally 75% of the underpayment of tax. However, in cases involving fraudulent failure to file or pay tax, the penalty can be increased to 100%.

Answer: D
 Code §§ 6663(b) and (f) define civil tax fraud and provide for penalties for fraudulent conduct.

Concerning the Penalty for Civil Tax Fraud