Every person who shall have in his custody or possession any goods, wares, merchandise,
articles, or objects on which taxes are imposed by law, for the purpose of selling
the same in fraud of the internal revenue laws, or with design to avoid payment of
the taxes imposed thereon, shall be liable to a penalty of $500 or not less than
double the amount of taxes fraudulently attempted to be evaded.
(Aug. 16, 1954, ch. 736, 68A Stat. 865.)
Authorization for action to recover penalty, see section 7401 of this title.
Jurisdiction of district court of the United States of action for penalty, see section
1355 of Title 28, Judiciary and Judicial Procedure.
Penalty for attempt to evade tax, see section 7201 of this title.