26 CFR 41.6694-2 - Penalties for understatement due to an unreasonable position.

Regulations last checked for updates: Jun 13, 2024

Title 26 - Internal Revenue last revised: May 10, 2024

View all text of Subpart C [§ 41.6001-1 - § 41.7701-1]

§ 41.6694-2 - Penalties for understatement due to an unreasonable position.

(a) In general. A person who is a tax return preparer of any return or claim for refund of excise tax under section 4481 shall be subject to penalties under section 6694(a) in the manner stated in § 1.6694-2 of this chapter.

(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 78456, Dec. 22, 2008]

authority: 26 U.S.C. 7805.

source: T.D. 6216, 21 FR 9645, Dec. 6, 1956; 25 FR 14021, Dec. 31, 1960, unless otherwise noted.

cite as: 26 CFR 41.6694-2