Yes. Penalties start at $5,000 for failure to file an ISF, $5,000 for late ISF filing, $5,000 for inaccurate ISF filing, $5,000 for an incomplete ISF filing, and $5,000 for failure to withdraw an ISF. The maximum penalty per ISF filing is $10,000.
Yes. Penalties start at $5,000 for failure to file an ISF, $5,000 for late ISF filing, $5,000 for inaccurate ISF filing, $5,000 for an incomplete ISF filing, and $5,000 for failure to withdraw an ISF. The maximum penalty per ISF filing is $10,000.