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TREASURY REGULATIONS


Index  » Subchapter B  » Reg. 20.6694-4

Reg. 20.6694-4
Extension of period of collection when preparer pays 15 percent of a penalty for understatement of taxpayer's liability and certain other procedural matters

January 14, 2024


§ 20.6694-3 « Browse » § 20.6695-1

See related I.R.C. 6694

Treas. Reg. § 20.6694-4.  Extension of period of collection when preparer pays 15 percent of a penalty for understatement of taxpayer's liability and certain other procedural matters

(a) In general. For rules relating to the extension of the period of collection when a tax return preparer who prepared a return or claim for refund for estate tax under chapter 11 of subtitle B of the Internal Revenue Code pays 15 percent of a penalty for understatement of the taxpayer's liability, and procedural matters relating to the investigation, assessment and collection of the penalties under sections 6694(a) and (b), the rules under ยง 1.6694-4 of this chapter will apply.

(b) Effective/applicability date. This section is applicable to returns and claims for refund filed, and advice provided, after December 31, 2008.


[T.D. 9436, 73 FR 78451, Dec. 22, 2008]
 

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