§ 6050R. Returns relating to certain purchases of fish

• (a) Every person—
  • (1) who is engaged in the trade or business of purchasing fish for resale from any person engaged in the trade or business of catching fish; and
  • (2) who makes payments in cash in the course of such trade or business to such a person of $600 or more during any calendar year for the purchase of fish,
• (b) A return is described in this subsection if such return—
  • (1) is in such form as the Secretary may prescribe, and
  • (2) contains—
    • (A) the name, address, and TIN of each person to whom a payment described in subsection (a)(2) was made during the calendar year,
    • (B) the aggregate amount of such payments made to such person during such calendar year and the date and amount of each such payment, and
    • (C) such other information as the Secretary may require.
• (c) Every person required to make a return under subsection (a) shall furnish to each person whose name is required to be set forth in such return a written statement showing—
  • (1) the name, address, and phone number of the information contact of the person required to make such a return, and
  • (2) the aggregate amount of payments to the person required to be shown on the return.
• (d) For purposes of this section:
  • (1) The term “cash” has the meaning given such term by section 6050I(d).
  • (2) The term “fish” includes other forms of aquatic life.