CH. 72—LICENSING AND REGISTRATION
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CHAPTER 72—LICENSING AND REGISTRATION SUBCHAPTER A. Licensing. SUBCHAPTER B. Registration.
Subchapter A—Licensing See. 7001. Collection of foreign items. SEC. 7001. COLLECTION OF FOREIGN ITEMS.
(a) LICENSE.—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 or his delegate 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 or his delegate shall prescribe. (b) PENALTY FOE FAILURE TO OBTAIN L I C E N S E. — For penalty for failure to obtain the license provided for in this section, see section 7231.
§ 7001(b)
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