(a) Any individual, person or entity required by law or regulation to furnish any return or other document to the Department of Revenue who furnishes a false or fraudulent return or who fails to file a return or other document in the manner and at the time required shall, in addition to any other penalty provided by law, be liable for a penalty of fifty dollars ($50.00) for each failure to file or for each fraudulent filing.

(b) If any person liable to pay a penalty under this section neglects or refuses to pay the penalty after demand, the amount of the penalty, together with any costs, shall be a lien in favor of the Commonwealth upon both the real and personal property of that person. The department may at any time transmit to the prothonotaries of the respective counties certified copies of all liens for penalties imposed by this section. It shall be the duty of each prothonotary receiving the lien to enter and docket the same of record in his office. The lien shall be indexed in the same manner as judgments are indexed.