Material Advisor Penalty for Failure To Furnish Information Regarding Reportable Transactions
other · IRS · Rule · Published 2014-07-31 · Effective 2014-07-31 · 79 FR 44282
Document
Document number
2014-17932
Federal Register citation
79 FR 44282
CFR reference
26 CFR 301
Type
Rule
Action
Final regulations and removal of temporary regulations.
Category
other
Sub-agency
IRS
Publication date
2014-07-31
Effective date
2014-07-31
Treasury docket
TD 9686
Abstract
This document contains final regulations relating to the assessment of penalties against material advisors who fail to timely file a true and complete return. The regulations implement amendments made by the American Jobs Creation Act of 2004. These regulations affect material advisors responsible for disclosing reportable transactions.